Balanced Budget Constitutional Amendment Introduced in Senate

Senator John Cornyn, as well as all other 44 Republicans in the Senate, introduced the balanced budget consitutional amendment today in the Senate.

“With more than $16 trillion of debt, including nearly $6 trillion since President Obama took office, we are facing nothing short of a fiscal crisis. Everyone agrees that our nation is on an unsustainable path, but unfortunately as we saw last night, President Obama is incapable of tempering his appetite for more and more spending,” says Cornyn in a statement.