LANSING—The Michigan Senate on Thursday approved a joint resolution, co-sponsored by Sen. Darwin Booher, to petition Congress to call a constitutional convention for the purpose of proposing a balanced budget amendment to the U.S. Constitution.
“During the last few years, Michigan has made the reforms and spending reductions needed to do what Northern Michigan families and job providers do every month: live within their means,” said Booher, R-Evart. “Simply put, Congress needs to do the same and stop spending money we don’t have. Our federal government shut down this year because leaders in Washington refuse to tackle the national debt or annual deficit, which are currently at more than $17 trillion and $750 billion respectively.”
Senate Joint Resolution V officially petitions Congress to take the necessary steps toward passing a balanced budget amendment to the U.S. Constitution. Nineteen states have already approved the resolution. Once adopted by 15 more states, it becomes binding on Congress.
“Borrowing from China is not a smart or viable fiscal policy, and it is long overdue for the federal government to end its abuse of the nation’s credit,” Booher said. “A balanced budget amendment will force Congress to focus on improving government efficiency, spend tax dollars wisely and hopefully begin to reduce the debt it is leaving our grandchildren.”
Currently, the national debt is $17.1 trillion, or more than $54,000 per person. It is increasing by more than $2.6 billion per day and is estimated to surpass $22 trillion by 2017.
“It is unfortunate that we need to amend the U.S. Constitution just to ensure that our elected federal officials balance the budget, but enough is enough,” Booher said.
SJR V now heads to the Michigan House of Representatives for consideration.