Texas Insider Report: AUSTIN Texas Today Lt. Governor David Dewhurst issued the following statement regarding the passage of Senate Joint Resolution 1 urging Congress to pass a balanced budget amendment to the Constitution:
With a current national debt of $14.1 trillion and a federal budget deficit of $1.3 trillion taxpayers literally cannot afford to wait any longer for Washington to put their fiscal house in order. The resolution passed by the Texas Senate today is intended to apply pressure on Congress to take prompt action on a balanced budget amendment to the Constitution and protect taxpayers from the runaway spending that has plagued Washington for decades.
Historically the threat of an Article V convention has proved effective in pushing Congress to adopt important Constitutional Amendments such as the Bill of Rights and the direct election of Senators. In the unlikely event that an Article V convention is convened the Texas Senate included certain safeguards in the resolution but the ultimate protection is that any amendment to the Constitution requires ratification by three-fourths of the states as well as the overwhelming support of the American people.
Texas Insider Report: AUSTIN Texas Today Lt. Governor David Dewhurst issued the following statement regarding the passage of Senate Joint Resolution 1 urging Congress to pass a balanced budget amendment to the Constitution:
With a current national debt of $14.1 trillion and a federal budget deficit of $1.3 trillion taxpayers literally cannot afford to wait any longer for Washington to put their fiscal house in order. The resolution passed by the Texas Senate today is intended to apply pressure on Congress to take prompt action on a balanced budget amendment to the Constitution and protect taxpayers from the runaway spending that has plagued Washington for decades.
Historically the threat of an Article V convention has proved effective in pushing Congress to adopt important Constitutional Amendments such as the Bill of Rights and the direct election of Senators. In the unlikely event that an Article V convention is convened the Texas Senate included certain safeguards in the resolution but the ultimate protection is that any amendment to the Constitution requires ratification by three-fourths of the states as well as the overwhelming support of the American people.
