In a press conference highlighting the GOP jobs plan, Congressman Boehner said the House and Senate will soon vote on a Balanced Budget Amendment to the Constitution -- a "real enforcement mechanism" that can stop Washington's job-crushing spending binge. Watch Boehner here:
BOEHNER: "There is a lot of discussion on the House side about the Balanced Budget Amendment, the need to have a real enforcement mechanism on government spending. Forty-eight states have such an amendment as part of their constitution, and many of us feel that the ultimate enforcement mechanism on government is to have a balanced budget requirement. As outlined in the [Budget Control Act], there will be a vote in the House and Senate after October 1st, but before the end of the year, on a Balanced Budget Amendment, and I would hope it would pass."
Stopping Washington from spending money it doesn't have is a key part of the Republican Plan for America's Job Creators. In a recent Weekly Republican Address, Rep. Bob Goodlatte (R-VA) said a Balanced Budget Amendment "would ensure spending cuts made today don't easily disappear tomorrow" -- and that "means more certainty for the private sector and a better environment for job creation."
In fact, economists like Diana Furchtgott-Roth say "[a]dditional certainty about fiscal policy would make investment and consumption decisions easier, and would facilitate economic growth and job creation." And other experts call a Balanced Budget Amendment "an effective fiscal constraint" that would help to address the spending-driven debt crisis holding back private-sector job growth.