U.S. Congressman Dan Boren issued the following statement today regarding his vote in favor of H.J.Res.2, the Balanced Budget Amendment, a bill which would prohibit government spending from exceeding total receipts for each fiscal year.
"I have long believed that a Balanced Budget Amendment to the Constitution will improve fiscal responsibility in the federal government. I am disappointed that today the House did not put partisanship aside to pass this measure.
For many years, government spending has been out of control. Each American's share of the national debt today exceeds $48,000. This is more than the average household income in the state of Oklahoma. This is simply unacceptable, and it is time to put partisanship aside and face the facts.
We have a responsibility to future generations of Americans to put a plan in place that will reduce the deficit, balance the budget, and lay the groundwork for sound fiscal policies over the long term. If we want to make new investments in national security, education, and infrastructure, we must take serious and meaningful steps to get our fiscal house in order.
It is time to bring down the debt, restore faith in our economy, and create jobs in America. A Balanced Budget Amendment would have been an important step in the right direction."