U.S. Senator Jim Risch issued the following statement today after voting in support of a constitutional amendment that would require Congress to operate under a balanced budget.
"Since I came to Washington, Congress has borrowed between $4 and $5 billion every day. This reckless spending must stop. A balanced budget amendment would require Congress to do what it has repeatedly tried and failed--to rein in rampant overspending. It is the only collar that will control Congress since it has no self control. I will continue to advocate for a balanced budget amendment to the Constitution like almost every state already has."
The Republican-sponsored bill failed on a straight party-line vote of 47-53. An alternative plan put forth by Democrats, which would also raise taxes, failed by a 21-79 margin with less than half the Democrats voting for their own proposal.