(NN&V Staff) – On Tuesday, the U.S. Senate Republican Conference took a dramatic step towards fiscal sanity by adopting a Balanced Budget Amendment to the United States Constitution that mirrors the Common Sense Balanced Budget Amendment proposed and promoted by the BBA Now Coalition, which includes over 90 national and local conservative policy and grass roots groups representing millions of Americans.
Like the Common Sense BBA, the Senate Republican resolution requires the president to submit a balanced budget to Congress prior to each fiscal year with a new rule requiring two-thirds of the each chamber to approve any tax increase.
Texas Senator John Cornyn, one of the resolutions’ authors, called the action “necessary step “to restore fiscal discipline”.
The BBA Now Coalition commends the Senate Republicans for listening to the American people and joining the national movement for the Common Sense Balanced Budget Amendment.
“The GOP Senators are showing the country that the people still have the final say. Today was a good day for those who are alarmed by the massive and out of control spending and debt that is putting the nation’s fiscal solvency and national security at risk,” said Rick Tyler, Chairman of the BBA Now Coalition and the ReAL Action Network. “There is little doubt that the 2010 Congressional elections were a referendum on out-of-control government spending. We are encouraged to that the Senate Republicans have heard the American people and are taking actions that are long overdue.”
The Common Sense Coalition is now calling on the rest of the U.S. Senate and the House to move forward and pass the same Balanced Budget Amendment to begin the ratification process in the states.
BBA Now is a coalition of more than 90 policy and grass roots groups working for a Balanced Budget Amendment to the U. S. Constitution. National members include Americans for Tax Reform, American Solutions, Contract From America, Institute for Liberty, Let Freedom Ring, National Taxpayers Union, ReAL Action and 60 Plus Association. Learn more at www.bbanow.org.