Bill Text: TX HCR7 | 2023-2024 | 88th Legislature | Introduced

Texas House Concurrent Resolution 7

Introduced

Bill Title: Urging the U.S. Congress to propose and submit to the states for ratification a federal balanced budget amendment to the U.S. Constitution.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2023-03-02 - Referred to State Affairs [HCR7 Detail]

Download: Texas-2023-HCR7-Introduced.html

	88R2638 TBO-D

	By: Raymond	H.C.R. No. 7



	CONCURRENT RESOLUTION
	WHEREAS, Year after year, the federal government has failed
	to make fiscally responsible choices, and Washington must now take
	aggressive steps to address our serious national deficit; and
	WHEREAS, The United States Congress routinely passes budgets
	leading the government to spend more than it receives in revenue; in
	order to finance the resulting budget deficit, the U.S. Treasury
	must sell bonds and the government must pay interest on those bonds;
	this cycle of deficit spending leaves less money for new programs or
	tax cuts, and it could prove detrimental to the future stability of
	our nation; and
	WHEREAS, In the past, such statutory restraints as the failed
	Gramm-Rudman-Hollings legislation and "PAYGO" rules have proven
	ineffective and unenforceable, since simple majorities in Congress
	can alter, weaken, or dismantle fiscal reforms; an amendment to the
	U.S. Constitution, which requires the assent of two-thirds of
	Congress and three-quarters of the states, is the only means of
	guaranteeing permanent enforcement of spending restraints; and
	WHEREAS, A federal balanced budget amendment will ensure that
	Congress uses taxpayer dollars wisely, and it is vital that we take
	this step to avert fiscal calamity and to eliminate future
	deficits; now, therefore, be it
	RESOLVED, That the 88th Legislature of the State of Texas
	hereby respectfully urge the Congress of the United States to
	propose and submit to the states for ratification an amendment to
	the United States Constitution providing for a balanced federal
	budget; and, be it further
	RESOLVED, That the Texas secretary of state forward official
	copies of this resolution to the president of the United States, to
	the president of the Senate and the speaker of the House of
	Representatives of the United States Congress, and to all the
	members of the Texas delegation to Congress with the request that
	this resolution be officially entered in the Congressional Record
	as a memorial to the Congress of the United States of America.