Senator John Ensign, a member of the Senate Budget Committee, today voted to support a Senate resolution that would allow for an amendment to the United States Constitution requiring a federal balanced budget. The state of Nevada is required by law to balance its budget.
"As I travel across the state and meet with Nevadans, I am often asked about the spending levels of the federal government and our country's ability to continue borrowing money that we do not have," said Ensign. "Right now, we are borrowing $.42 cents out of every dollar that we spend. For families back in Nevada, this would translate into a family earning $58,000 a year but spending $100,000; it doesn't make sense and it is not sustainable.
"Just as Nevada families have to do, and the state of Nevada is required to do by law, the federal government should be required by the Constitution to balance its budget each year and live within its means. In the mid-1990s, as a member of the House, I voted with my party to require a balanced budget, but we were defeated by one vote in the Senate. Had we been successful then, our country would not be in the terrible shape that we are today. It is critical that we balance the federal budget and stop borrowing and spending money that we do not have and cannot pay back."
The Sense of the Senate Resolution simply stated that, "It is the Sense of the Senate that Congress should pass and the States should agree to an amendment to the Constitution requiring a Federal balanced budget." Senator Ensign is currently the cosponsor of two amendments requiring a balanced budget. The resolutio