LANSING, Mich. — The Senate Committee on Elections and Government Reform on Tuesday approved Senate Bill 306, sponsored by Sen. Mike Green, to officially petition Congress to call a constitutional convention for a federal balanced budget amendment (BBA).
“The debt burden America is leaving future generations is shameful,” said Green, R-Mayville. “The national debt is currently $18.2 trillion, which is more than $56,000 per person. It is unfortunate that we need to go to such lengths to get the federal government to live within their means, but a state-initiated balanced budget amendment will force them to do so.”
SB 306 enters Michigan into an interstate compact to petition Congress to take the necessary steps toward passing a BBA to the U.S. Constitution. Once 38 states — three-fourths of the state legislatures — join the compact, they will then petition Congress to refer the BBA vote to the states for ratification by a three-fourths vote under Article V of the United States Constitution.
“The continuous inaction in Washington D.C. is severely damaging the stability of our nation,” Green said. “I have always been an advocate of ‘state’s rights’ and believe the state legislatures need to step in and handle a problem that Washington is refusing to address.”
Legislation has already passed in four states and is pending in three more.
“Every year, Michigan families, business owners and local governments balance their budgets and it’s time for the federal government to do the same,” said Green. “Every year for the last five years the Michigan Legislature has passed a balanced budget ahead of schedule. It is time for the federal government to stop kicking the can down the road and do the same.”