Issue Position: Federal Budget and Debt

Issue Position

The truth is undeniable--Washington has a spending problem. For far too long, federal spending has gone nearly unchecked, resulting in trillion-dollar deficits, a ballooning national debt, and a government that now borrows forty cents out of every dollar it spends from places like China. Senator Cornyn is fighting President Obama's out-of-control spending agenda in Washington. By introducing and gathering support for a conservative, balanced budget amendment to the Constitution supported by every Senate Republican, Senator Cornyn is fighting to bring the same fiscal responsibility to Washington that Texas families and small businesses practice every day. If you have to balance your budget every month, so should Washington.

Senator Cornyn's balanced budget amendment caps spending, ensuring that government does not spend more than it takes in . For Texans, this is plain commonsense. But sadly, responsible spending is a foreign concept to many DC politicians. Washington's spending addiction is not limited to President Obama. For nearly four years, Democrats in the Senate failed to pass a budget. When the White House again failed to submit a budget to Congress on time in 2013, Senator Cornyn and other Republicans introduced the No budget, No Pay legislation, forcing Senate Democrats to pass a budget or have their pay withheld. Senator Cornyn believes that if you fail to do your job, you shouldn't be paid for it. It's as simple as that.

Senator Cornyn is also fighting to eliminate wasteful Washington Spending. Not only does he support banning earmarks, Senator Cornyn continues to introduce bills to root out waste, fraud and abuse in government--including legislation to audit the Pentagon and prevent irresponsible bailouts of foreign countries. Senator Cornyn will continue fighting to preserve the American Dream for the next generation of Texans.

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