Washington, D.C. – House Judiciary Committee Chairman Bob Goodlatte (R-Va.) today issued the following statement following the announcement that H.J.Res 2 will be brought to the House Floor for a vote.
Chairman Goodlatte: “A balanced budget amendment has been one of the highest priorities of my tenure in Congress. A constitutional amendment requiring a balanced budget would finally bring discipline to federal spending and would benefit generations to come. I have demonstrated my commitment to fiscal responsibility by introducing constitutional amendments to mandate a balanced budget every congress since 2007. I commend the decision made by House leadership to bring H.J.Res. 2 to the floor for a vote. I challenge my colleagues in the House and Senate to do what is morally right and responsible by passing this amendment and sending it on to the states for ratification.”
H.J.Res. 2 is a constitutional amendment for a balanced budget introduced by House Judiciary Chairman Bob Goodlatte in January 2017. Specifically, H.J.Res. 2 requires that Congress not spend more than it receives in revenue. It also requires a true majority in both the House and the Senate to pass tax increases and a three-fifths supermajority to raise the debt limit. H.J.Res. 2 is identical to a balanced budget amendment considered by the full House of Representatives during the 112th Congress.