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First Regular Session

Sixty-first General Assembly

LLS NO. R97@0570.01 DLC

STATE OF COLORADO




BY REPRESENTATIVE Owen;

also SENATOR Rizzuto.


HOUSE JOINT RESOLUTION 97-1011

WHEREAS, The annual federal budget has not been balanced since 1969, and the federal public debt is now more than $5 trillion, an amount equaling approximately $20,000 for every man, woman, and child in America; and

WHEREAS, Continued deficit spending demonstrates an unwillingness or inability of both the federal executive and legislative branches to spend no more than available revenues; and

WHEREAS, Fiscal irresponsibility at the federal level is lowering our standard of living, destroying jobs, and endangering economic opportunity now and for the next generation; and

WHEREAS, The federal government's unlimited ability to borrow raises questions about fundamental principles and responsibilities of government, with potentially profound consequences for the nation and its People, making it an appropriate subject for limitation by the Constitution of the United States; and

WHEREAS, The Constitution of the United States vests the ultimate responsibility to approve or disapprove constitutional amendments with the People, as represented by their elected state legislatures, and opposition by a small minority in the United States Congress repeatedly has thwarted the will of the People that a balanced budget amendment to the Constitution should be submitted to the states for ratification; now, therefore,

Be It Resolved by the House of Representatives of the Sixty­first General Assembly of the State of Colorado, the Senate concurring herein:

That the General Assembly requests the United States Congress to expeditiously pass, and propose to the legislatures of the several states for ratification, an amendment to the Constitution of the United States requiring that, in the absence of a national emergency, the total of all federal appropriations made by the Congress for any fiscal year may not exceed the total of all estimated federal revenues for that fiscal year.

Be It Further Resolved, That copies of this Joint Resolution be sent to all members of the United States Senate and House of Representatives, and to the Secretary of State, and the presiding officers of both houses of the legislatures of each of the other states.