Smith Statement on Consideration of Balanced Budget Amendment
Washington, D.C. – Congressman Adrian Smith (R-NE), a senior member of the Committee on Ways and Means, delivered the following remarks today during consideration of H.J.Res 2, proposing a balanced budget amendment to the Constitution of the United States. Rep. Smith is a cosponsor of the resolution.
“I thank the chairman for the time, and for his long term commitment to this issue. Mr. Speaker, I rise today in support of this resolution, providing the states the opportunity to add a balanced budget amendment to our Constitution. Amending our Constitution is something we should never take lightly.
When drafting our foundational document, the Founders intended it to provide not just the outline of our federal government, but also to restrict the powers of each branch through a system of strong checks and balances. We also must understand this amendment, if ratified, is still just one part of addressing our current fiscal situation.
We must still do the hard work of reducing spending, reforming entitlements, and encouraging the economic growth and opportunity needed to eliminate our deficits in the short term and pay down our debt in the long term. This is a vital first step in getting our nation on better fiscal footing, but we have a long road ahead. I urge support for this resolution and I yield back my time.”
Rep. Smith’s speech before the U.S. House of Representatives is available here.