Zorn supports bill calling for federal balanced budget

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Sen. Dale Zorn

Sen. Dale Zorn

LANSING, Mich. Sen. Dale Zorn on Thursday supported Michigan Senate approval of legislation to officially petition Congress to call a constitutional convention for a federal balanced budget amendment (BBA).

“It is long overdue for the federal government to do what Michigan families and small business owners do every month: live within your means and balance your budget,” said Zorn, R-Ida. “Our country is more than $18 trillion in debt, yet our leaders in Washington keep adding to the debt burden that our children, grandchildren and even great-grandchildren will have to carry.”

Senate Bill 306 enters Michigan into an interstate compact to petition Congress to take the necessary steps toward passing a BBA to the U.S. Constitution. Once 38 states — three-fourths of the state legislatures — join the compact, they will then petition Congress to refer the BBA vote to the states for ratification by a three-fourths vote under Article V of the U.S. Constitution.

“This measure shouldn’t be necessary,” Zorn said. “However, it unfortunately seems that a state-initiated balanced budget amendment is the only thing that will force our federal government to stop spending money they don’t have.”

The national debt is currently $18.2 trillion. By 2019, the federal debt is estimated to surpass $21 trillion.

SB 306 now heads to the Michigan House of Representatives for consideration.