Article V of the United States Constitution; a convention of the states; apply
Impact
If passed, SR262 sets the stage for states to collectively approach Congress with a unified application for a constitutional convention specifically focused on budgetary controls. It acknowledges the importance of state legislative powers in addressing federal overreach and emphasizes the role of states as guardians of liberty. The continuous application aspect further ensures that even if a convention does not occur immediately, the pursuit of this amendment remains active until two-thirds of states converge on this issue.
Summary
Senate Resolution 262 proposes a convention of the states under Article V of the United States Constitution, calling for an amendment to impose fiscal restraints on the federal government. The resolution articulates a need for a balanced federal budget, exempting only emergencies and national defense, thereby aiming to curb what is described as imprudent federal spending. This bill is positioned as a protective measure by state legislators to safeguard the financial future for upcoming generations.
Contention
Critics of SR262 may argue that a convention of the states carries risks of unintended constitutional changes or debates that diverge from the initial purpose. Concerns could also emerge regarding the control and scope of such a convention, raising questions about potential alterations to areas of state-federal relations beyond fiscal matters. Additionally, the resolution's implication that a balanced budget amendment is essential may provoke debates over flexibility in fiscal policy, especially during economic crises.