Bill Text: TX HCR32 | 2015-2016 | 84th Legislature | Comm Sub
Bill Title: Urging the U.S. Congress to propose and submit to the states for ratification a federal balanced budget amendment to the U.S. Constitution.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Introduced - Dead) 2015-05-08 - Considered in Calendars [HCR32 Detail]
Download: Texas-2015-HCR32-Comm_Sub.html
84R3143 JNC-D | ||
By: Raymond, White of Tyler, Ashby, Frank | H.C.R. No. 32 |
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WHEREAS, Year after year, the federal government has failed | ||
to make fiscally responsible choices, and Washington must now take | ||
aggressive steps to address our serious national deficit; and | ||
WHEREAS, The United States Congress routinely passes budgets | ||
leading the government to spend more than it receives in revenue; in | ||
order to finance the resulting budget deficit, the U.S. Treasury | ||
must sell bonds and the government must pay interest on those bonds; | ||
this cycle of deficit spending leaves less money for new programs or | ||
tax cuts, and it could prove detrimental to the future stability of | ||
our nation; and | ||
WHEREAS, In the past, such statutory restraints as the failed | ||
Gramm-Rudman-Hollings legislation and "PAYGO" rules have proven | ||
ineffective and unenforceable, since simple majorities in Congress | ||
can alter, weaken, or dismantle fiscal reforms; an amendment to the | ||
U.S. Constitution, which requires the assent of two-thirds of | ||
Congress and three-quarters of the states, is the only means of | ||
guaranteeing permanent enforcement of spending restraints; and | ||
WHEREAS, A federal balanced budget amendment will ensure that | ||
Congress uses taxpayer dollars wisely, and it is vital that we take | ||
this step to avert fiscal calamity and eliminate future deficits; | ||
now, therefore, be it | ||
RESOLVED, That the 84th Legislature of the State of Texas | ||
hereby respectfully urge the Congress of the United States to | ||
propose and submit to the states for ratification an amendment to | ||
the United States Constitution providing for a balanced federal | ||
budget; and, be it further | ||
RESOLVED, That the Texas secretary of state forward official | ||
copies of this resolution to the president of the United States, to | ||
the president of the Senate and the speaker of the House of | ||
Representatives of the United States Congress, and to all the | ||
members of the Texas delegation to Congress with the request that | ||
this resolution be officially entered in the Congressional Record | ||
as a memorial to the Congress of the United States of America. |