Texas 2011 82nd Regular

Texas House Bill HCR18 Introduced / Bill

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                    By: Creighton H.C.R. No. 18


 HOUSE CONCURRENT RESOLUTION
 WHEREAS, For much of the 20th century and into the 21st, the
 United States has operated on a budget deficit, and it is estimated
 that the deficit for 2010 was $1.3 trillion; and
 WHEREAS, The higher the deficit, the more the government must
 spend on paying interest on the debt; compounding the problem is the
 use of deficit spending, which becomes a responsibility for future
 generations of Americans to assume without their consent; and
 WHEREAS, Congress has attempted to set budgetary restraints
 for itself in the form of a balanced budget amendment; the proposal
 won wide support in 1995, failing by only one vote in the senate;
 and
 WHEREAS, This growing burden of public debt is a threat to the
 nation's economic health, and action must be taken to restore
 fiscal responsibility; a balanced budget amendment would require
 the government not to spend more than it receives in revenues and
 compel lawmakers to carefully consider choices about spending and
 taxes; by encouraging spending control and discouraging deficit
 spending, a balanced budget amendment will help put the nation on
 the path to lasting prosperity; now, therefore, be it
 RESOLVED, That the 82nd Legislature of the State of Texas
 hereby respectfully urge the Congress of the United States to
 propose and submit to the states for ratification an amendment to
 the United States Constitution to provide for a federal balanced
 budget; and, be it further
 RESOLVED, That the Texas Secretary of State forward official
 copies of this resolution to the president of the United States, to
 the speaker of the house of representatives and the president of the
 senate of the United States Congress, and to all the members of the
 Texas delegation to the congress with the request that this
 resolution be officially entered in the Congressional Record as a
 memorial to the Congress of the United States of America.