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Mississippi

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TexasTowelie

(118,443 posts)
Thu Feb 4, 2021, 12:10 AM Feb 2021

Hyde-Smith reintroduces balanced budget amendment resolution [View all]

U.S. Senator Cindy Hyde-Smith (R-Miss.) today reintroduced a balanced budget amendment to the U.S. Constitution requiring the President and Congress to enact annual balanced budgets.

Like the measure Hyde-Smith introduced in the 116th Congress, the joint resolution proposes a constitutional amendment outlining requirements for the submission and approval of annual balanced budgets.

“A balanced budget amendment to the Constitution would compel our nation’s leaders and the American people to make difficult choices to get our fiscal house in order,” said Hyde-Smith, who serves on the Senate Appropriations Committee.

“Our national response to the coronavirus pandemic has accelerated federal spending at a rate that compounds our already serious debt problems. The new deficit spending is a necessary answer to a national health emergency, but it would be completely irresponsible not to establish a strong framework from which to tackle our nation’s long-term fiscal problems—and ultimately the future of this great country,” she said.

Read more: https://yallpolitics.com/2021/02/03/hyde-smith-reintroduces-balanced-budget-amendment-resolution/

So after four years of GOP rule and enriching the wealthiest in our society with trillion dollar tax cuts, Hyde-Smith returns to the GOP talking points about a balanced budget.

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