Title: Statement of Support for a Federal Constitutional Amendment Requiring a Balanced Budget
Vote Smart's Synopsis:
Vote to pass a concurrent resolution that urges the U.S. Congress to call a Constitutional Convention to amend the U.S. Constitution to require a balanced federal budget.
-Specifies that the purpose of the Constitutional Convention is to propose the following amendments to the U.S. Constitution:
-To achieve a balanced budget by doing the following:
-Requiring that such balanced budget account for all obligations of the federal government;
-Allowing flexibility in federal balanced budget requirements by providing exceptions related to exigencies such as national emergencies or threats to the nation's security;
-Imposing spending limits on the federal government;
-Setting "extraordinary vote requirements" for new or increased federal taxes and other revenues;
-Prohibiting federal mandates on states to impose taxes or fees; and
-To control the ability of the Congress and the various federal executive agencies to require states to expend funds by doing the following:
-Limiting the ability of Congress to pass legislation requiring states to spend money or to take actions requiring the expenditure of money; and
-Limiting the ability of Congress to dictate to states requirements for the expenditure of federal funds other than such requirements as may be necessary.
-Specifies that this resolution is revoked, withdrawn, nullified, and superseded as if it had never been passed if the Constitutional Convention is used to amend the Constitution for anything other than the aforementioned purposes.