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Debates over $1 trillion deficits, the fiscal cliff, and the debt ceiling, leave many outside of Washington wondering how America will right its fiscal ship.  One idea is to amend the Constitution.

U.S. Senator Mike Enzi, R-Wyo., believes the problem is so large and so vital to the future of our nation that a Constitutional Amendment is warranted. He’s cosponsoring a bill that would make a balanced budget a constitutional requirement.

“We’ve turned to panels, commissions, gangs and groups to tell us what we already know. We spend more than we’re taking in and that’s not right,” said Enzi. “I have supported amending the Constitution to lock in fiscal sanity and a balanced budget ever since I came to Washington. There are over $16 trillion worth of excuses we have offered for not living within our means and that has to stop.”

The Balanced Budget Amendment would restrict Congress from spending more than federal revenue in any fiscal year and would limit spending to 18 percent of the gross national product. Congress could only increase the debt, raise taxes or run a deficit if two-thirds of both the U.S. Senate and House vote for in favor. Any member of Congress may seek judicial enforcement of the amendment with a petition signed by one-third of either the Senate or the House. During times of war there will be allowances of specific excess as per defined processes. The amendment would become effective in the fifth year after ratification. This has been introduced previously to the Senate. In the last Congress, the bill received the support of more than 47 senators. Senator Enzi has been supporting balanced budget amendment proposals since 1997.

To read the bill text, click here.

Date Title
02/28/13 Prioritize, cut the worst first
02/28/13 VIDEO: Collecting common sense for Washington from Wyoming
02/27/13 Enzi to serve on tax, energy subcommittees
02/26/13 Senate moves Hagel Defense nomination forward without Enzi’s support
02/20/13 Summer internship opportunities for Senator Enzi’s D.C. office
02/15/13 Congressional CPA and Accountants Caucus organized for 113th Congress
02/14/13 Enzi: Difficult for Wyo. to effectively evaluate health exchange without info
02/14/13 Members of Congress introduce bipartisan bill to level the playing field for local merchants Files
02/14/13 Delegation: Blueways Program Just Another Washington Power Grab
02/14/13 Current record
02/14/13 Alexander Announces Enzi, Burr and Isakson to Serve as HELP Subcommittee Republican Leaders
02/13/13 Enzi says rural perspective can help Postal Service get back in the black
02/13/13 Simpson-Bowles plan bests big-stage promises
02/12/13 Short-term pain equals long-term gain for the economy
02/12/13 Grassley, Johnson, Enzi, Brown Push for Legitimate Farm Payment Limits
02/11/13 Enzi announces “listening sessions” across Wyoming
02/07/13 Eliminating government waste will help to reduce national debt
02/07/13 Senators Burr, Harkin, Enzi, Casey, and Alexander Introduce Bill to Better Prepare Nation for the Threat of Pandemics or Bioterror Attacks
02/04/13 Enzi statement on Paul Amendment and military aid to Egypt
02/01/13 Enzi leads bipartisan effort for regulatory fix of COOL
02/01/13 Debt ceiling has to be a line in the sand, not another credit line
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