Hatch: A balanced budget amendment is the only way forward
Sen. Orrin Hatch (R-Utah) is urging lawmakers to back a balanced budget amendment, calling it the only way to get federal spending under control.
“The solution to a spending crisis is not tax increases,” Hatch said in the Republicans’ weekly address. “Yet, Washington has consistently demonstrated that it cannot control its urge to spend.”
“Only by restoring constitutional restraints on the ability of Congress to spend, can we constrain the growth of the federal government.”
The top Republican on the Senate Finance Committee and chief sponsor of a balanced budget amendment in the Senate, argued that the Obama administration doesn’t want a constitutional amendment “because they want to keep spending the American people’s money.”
“The only reason congressional Democrats would refuse to pass it is because they know the people of this country would rise up and quickly ratify it,” he said.
He said all 47 Republicans senators back the proposal he’s introduced with Sens. Mike Lee (Utah) and John Cornyn (Texas).