Heitkamp-Backed Balanced Budget Amendment Introduced

Statement

U.S. Senator Heidi Heitkamp is supporting an amendment to the U.S. Constitution to require a balanced Federal budget. Heitkamp is a cosponsor of the Balanced Budget Amendment, which was introduced today.

"This amendment is far overdue. There is bipartisan agreement that we need to get our fiscal house in order, and I am looking forward to working with colleagues on both sides of the aisle to move in that direction," Heitkamp said. "In North Dakota, we believe in fiscal responsibility. With our national debt sitting at more than $16 trillion, it is time for the Federal Government to follow North Dakota's lead and start budgeting responsibly."

The Balanced Budget Amendment protects all revenue generated for Social Security to ensure the program is secure. Additionally, the Balanced Budget Amendment would prohibit Congress from providing income tax breaks for people earning over $1 million per year, unless the country is running surpluses.

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