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Balanced Budget Amendment Proposed as Government Reopens

While federal employees return to work on Monday after the historic 35-day partial government shutdown, there is little being said about their employer’s climbing national debt of $21 trillion. Two senators are speaking up again about the problem.

Sens. Mike Lee, R-Utah, and Chuck Grassley, R-Iowa, reintroduced a balanced budget amendment to the U.S. Constitution on Thursday requiring the federal government balance their budget annually.

“We expect families, businesses, and state and local governments all to stick to their budgets and live within their means–there is no reason that the federal government should not have to follow the same set of rules,” said Lee in a statement.

The amendment would require a two-thirds vote from the House and Senate to allow Congress to run a deficit, raise taxes, or increase the debt limit. The goals are to establish “long-term fiscal sustainability,” according to a press release on the proposed amendment.

Read the full story from The Daily Signal

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