Bob Goodlatte: Renewed push for a balanced budget amendment

bob-goodlatte-afp2March 2, 1995, was a pivotal day in the history of our country. On that day, the U.S. Senate failed by one vote to pass a balanced budget amendment to the United States Constitution. The amendment had passed the House of Representatives by the required two-thirds majority and the Senate vote was the last legislative hurdle before being sent to the states for ratification.

If Congress had listened to the American people and sent that amendment to the states for ratification, they likely would have approved it and we would not be facing the debt crisis we are today. Balancing the federal budget would be the norm, instead of the exception over the past 20 years, and we would have nothing like the annual deficits and skyrocketing debt we currently face.

In 1995, when the balanced budget amendment came within one vote of passing, the gross federal debt stood at $4.9 trillion; today it stands at over $17.5 trillion. What is particularly troubling is that today’s debts will burden future generations. This is one legacy that should not be passed on to our children and grandchildren.

Families in the sixth district understand what it means to make tough decisions each day about what they can and cannot afford and government officials should be required to exercise similar restraint when spending the hard-earned dollars of our nation’s citizens. A balanced budget amendment to the Constitution would once and for all require Congress to rein in this out-of-control behavior.

Just a few weeks ago, the House Judiciary Committee held a hearing to examine the balanced budget amendment as a constitutional solution to America’s debt. Several versions of the balanced budget amendment have been introduced, including two I introduced on the first day of the 113th Congress.

H.J. Res. 2 is nearly identical to text that passed the House in 1995. It requires that Congress not spend more than it receives in revenues. It also requires a true majority of each chamber to pass tax increases and a three-fifths majority to raise the debt limit. H.J. Res. 1, which I also introduced, goes further. In addition to the provisions of H.J. Res. 2, it requires a three-fifths majority to raise taxes and imposes an annual cap on federal spending.

It is simply not sustainable for our national debt to continue to grow at this rate. We are at a crossroads. We can make the tough choices to control spending and pave the way for a return to surpluses and paying down the national debt, or we can continue further down the road of chronic deficits, leaving future generations with crippling debt that is not of their own making. The choice is ours and the stakes are high.

Our extraordinary debt demands an extraordinary solution. We must rise above partisanship and join together to pass a balanced budget amendment to the United States Constitution.

augusta free press
augusta free press news

UVA Basketball Fans!

uva basketball team of destiny
Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is available for $25. The book, with additional reporting by Zach Pereles, Scott Ratcliffe, and Scott German, will take you from the aftermath of the stunning first-round loss to UMBC in 2018 through to the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.

Dick Vitale on Team of Destiny: “This is a hoops story you will LOVE! Jerry and Chris capture the sensational and dramatic championship journey by Tony Bennett and his tenacious Cavalier team. UVA was Awesome Baby and so is this book!”

Ralph Sampson on Team of Destiny: “Jerry and Chris have lived and seen it all, even before my time. I highly recommend this book to every basketball fan across the globe. This story translates to all who know defeat and how to overcome it!”

Buy here.

AFP Business

As professional consultants, Augusta Free Press LLC provides clients in the Shenandoah Valley and Central Virginia and beyond with marketing and PR solutions including website design, SEO, TV/radio, video work, branding and logos, social media and overall marketing campaign design and implementation. Augusta Free Press LLC was founded in 2002.

Web Design

Augusta Free Press has designed more than 800 websites for clients in the Shenandoah Valley and Central Virginia. We take care of all facets of web design – visual design, layout design, content development and SEO. Short on staff? We’ll work with you to update your AFP-designed website in a timely manner or train your staff to make changes.

Marketing/Social Media Management

Augusta Free Press manages advertising campaigns for small- and medium-sized businesses across Virginia. You don’t need to hire a full-time marketing coordinator. Bring the experience of the Augusta Free Press team to work for you – for a fraction of the cost.

Graphic Design

Augusta Free Press will help you take your vision to the next level. From branding and logos to print materials, our team will work with you to develop products to showcase your business. From brochures and rack cards to full-color magazines or print/digital ads, we’ve got you covered.

Event Planning/Fundraising

Augusta Free Press will help you plan the best event for your organization. From an open house or anniversary to a 5K or Pay Per View, we can handle it all. Looking for training for your sales staff? We can help energize your employees or board. Need ideas to raise more money? Let us help you plan a successful event. Want to hold a news conference or need help with a press release? We can do that too.

Click here for more.