Zorn supports bill calling for federal balanced budget

Sen. Dale Zorn

Sen. Dale Zorn

LANSING, Mich. Sen. Dale Zorn on Thursday supported Michigan Senate approval of legislation to officially petition Congress to call a constitutional convention for a federal balanced budget amendment (BBA).

“It is long overdue for the federal government to do what Michigan families and small business owners do every month: live within your means and balance your budget,” said Zorn, R-Ida. “Our country is more than $18 trillion in debt, yet our leaders in Washington keep adding to the debt burden that our children, grandchildren and even great-grandchildren will have to carry.”

Senate Bill 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 U.S. Constitution.

“This measure shouldn’t be necessary,” Zorn said. “However, it unfortunately seems that a state-initiated balanced budget amendment is the only thing that will force our federal government to stop spending money they don’t have.”

The national debt is currently $18.2 trillion. By 2019, the federal debt is estimated to surpass $21 trillion.

SB 306 now heads to the Michigan House of Representatives for consideration.