Blog  //   TV  //   Press Releases  //   Dumb Laws  //   Member-Generated Links
Club for Growth Blog

Topic: Federal Budget

Club for Growth Supports Sen. Lee’s Balanced Budget Amendment

Posted on Feb. 07, 11 | 12:39 PM by Michael Connolly | Topic: Federal Budget
WASHINGTON – The Club for Growth today endorsed S.J. Res. 5, a proposed constitutional amendment to balance the federal budget and restrict federal spending and taxes, which was introduced by U.S. Sen. Mike Lee (R-Utah) and 13 co-sponsors.

“Mike Lee’s amendment will not only balance the budget, but rescue America’s founding principles from a federal government increasingly indifferent to them,” said Club President Chris Chocola.  “This amendment will force Congress to live within its means, and also limit those means to 18 percent of the nation’s income, more than enough for Washington to meet its constitutional responsibilities.”

“A balanced budget, limited government, and a constitutional commitment to economic liberty would jump start our economy, pay off our nation’s debt, and create millions of new jobs and businesses in coming years,” Chocola said.  “Mike Lee’s balanced budget amendment is one of the best policy ideas we’ve seen in a long time, and would be a suitable tradeoff for the Obama Administration’s requested increase in the federal debt limit.  The Club for Growth urges all members of the Senate to co-sponsor and support Lee’s proposal.”

Lee’s amendment would:

·    Require Congress to pass a balanced budget every year;
·    Limit federal expenditures to 18 percent of national economic output; and,
·    Require 2/3 majorities in the House and Senate to raise taxes, deficit spend, or raise the federal debt ceiling.

Member Comments (9)

Pence: Where Is the Budget?

Posted on May. 25, 10 | 04:37 PM by Andrew Roth | Topic: Federal Budget

Member Comments (1)

I "Chart" the 2010 Budget Chart Book

Posted on Apr. 20, 10 | 08:58 AM by Andrew Roth | Topic: Federal Budget
The Heritage Foundation has released its awesome 2010 Budget Chart Book.  It has tons of graphs and tables that show the reckless fiscal habits perpetrated by the federal government.
Member Comments (2)

Use Arrows to Open and Close Articles
Club for Growth is a national network of thousands of Americans, from all walks of life, who believe that prosperity and opportunity come through economic freedom. We work to promote public policies that promote economic growth primarily through legislative involvement, issue advocacy, research, training and educational activity. Join today!



Remember me | Forgot password?
Join Today