That's why I have agreed to serve as chairman for a new group, 'Balanced Budget Amendment Now' -- and Sen.-elect Mike Lee has graciously agreed to chair our Congressional Advisory Committee.
Balanced Budget Amendment Now is preparing to launch an aggressive campaign to pass a balanced budget amendment by October 21011.
A balanced budget amendment would require politicians to balance the budget each year, would limit spending to no more than 20 percent of the country’s GDP -- and would require a two-thirds supermajority vote in Congress to raise taxes. (Any Member of Congress could also bring a federal suit to enforce this article, “when authorized to do so by a petition signed by one-third of the Members of either House of Congress.”)
Our effort will include building the infrastructure needed to enlist a minimum of 5,000 supporters in each Congressional district to urge their Members of Congress to vote for an amendment by October of 2011.
Don’t think it’s realistic that we can actually pass a balanced budget amendment by our deadline?
The team we’ve assembled to make this happen is fresh off the heels of overwhelmingly passing legislation in four states last November to preemptively stop “card check” -- legislation that would end the secret ballot for union elections – our team has momentum.
The same team that led this effort (called “save our secret ballot”) is organizing this new effort to pass a balanced budget amendment.
But while our grassroots efforts will play a major role – passing a constitutional amendment will also require Republican Members of Congress to act courageously.
It is my hope that Republicans won’t vote to raise the debt ceiling unless, in return, Democrats agree to a balanced budget amendment.