LANSING, Mich. — State Sen. Ken Horn on Thursday supported legislation to officially petition Congress to call a constitutional convention for a federal balanced budget amendment (BBA).
“The national debt is now more than $18 trillion. This is a staggering amount to burden the future generations of this nation with,” said Horn, R-Frankenmuth. “Every year over the past five years, the Michigan Legislature has passed a balanced budget ahead of schedule to ensure that our taxpayers are confident that their money is being used responsibly. The federal government needs to do the same.”
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.
Legislation has already passed in four states and is pending in three more.
“This action by the states shouldn’t be necessary,” Horn said. “If we continue on the road we are on the federal debt is estimated to surpass $21 trillion by 2019. We simply cannot let Washington continue to dig our children and grandchildren further into this hole.”
SB 306 is now before the Michigan House of Representatives for consideration.