| 1 | 1 | | 84R7794 RMA-D |
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| 2 | 2 | | By: Burton S.C.R. No. 12 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | CONCURRENT RESOLUTION |
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| 6 | 6 | | WHEREAS, Year after year, the federal government has failed |
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| 7 | 7 | | to make fiscally responsible choices, and Washington must now take |
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| 8 | 8 | | aggressive steps to address our national deficit; and |
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| 9 | 9 | | WHEREAS, The United States Congress routinely passes budgets |
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| 10 | 10 | | leading the government to spend more than it receives in revenue; in |
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| 11 | 11 | | order to finance the resulting budget deficit, the U.S. Treasury |
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| 12 | 12 | | must sell bonds and the government must pay interest on those bonds; |
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| 13 | 13 | | this cycle of deficit spending leaves less money for new programs or |
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| 14 | 14 | | tax cuts, and it could prove detrimental to the future stability of |
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| 15 | 15 | | our country; and |
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| 16 | 16 | | WHEREAS, United States indebtedness to governments of |
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| 17 | 17 | | foreign nations continues to rise; costly federal programs that are |
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| 18 | 18 | | essentially unfunded or underfunded mandates to states threaten the |
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| 19 | 19 | | ability of state and local governments to continue to balance their |
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| 20 | 20 | | budgets; moreover, future generations of Americans inevitably face |
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| 21 | 21 | | increased taxation and a weakened economy as a direct result of the |
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| 22 | 22 | | bloated debt; and |
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| 23 | 23 | | WHEREAS, A federal balanced budget amendment will ensure that |
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| 24 | 24 | | Congress uses taxpayer dollars wisely, and it is vital that we take |
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| 25 | 25 | | this step to avert fiscal calamity and eliminate future deficits; |
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| 26 | 26 | | now, therefore, be it |
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| 27 | 27 | | RESOLVED, That the 84th Legislature of the State of Texas |
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| 28 | 28 | | hereby respectfully urge the Congress of the United States to |
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| 29 | 29 | | propose and submit to the states for ratification an amendment to |
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| 30 | 30 | | the United States Constitution requiring that, except during a time |
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| 31 | 31 | | of national emergency, the total of all federal appropriations made |
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| 32 | 32 | | by Congress for any fiscal year not exceed the total of all |
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| 33 | 33 | | estimated federal revenue for that fiscal year, together with any |
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| 34 | 34 | | related and appropriate fiscal restraints; and, be it further |
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| 35 | 35 | | RESOLVED, That the Texas secretary of state forward official |
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| 36 | 36 | | copies of this resolution to the president of the United States, to |
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| 37 | 37 | | the president of the Senate and speaker of the House of |
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| 38 | 38 | | Representatives of the United States Congress, and to all the |
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| 39 | 39 | | members of the Texas delegation to Congress with the request that |
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| 40 | 40 | | this resolution be entered in the Congressional Record as a |
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| 41 | 41 | | memorial to the Congress of the United States of America. |
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