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.