WHEREAS, The United States government cannot maintain the | 14 |
status quo in regards to the federal budget because, given the | 15 |
aging population and rising cost of healthcare, the United States | 16 |
will not be able to maintain the following objectives at a level | 17 |
similar to the past forty years: keeping federal revenues at a | 18 |
comparable average share of the gross domestic product (GDP), | 19 |
providing the same standard of benefits to older Americans, and | 20 |
operating the rest of the federal government in line with its role | 21 |
in the economy and society; and | 22 |
RESOLVED, That we, the members of the 130th General Assembly | 38 |
of the State of Ohio, urge the Congress of the United States to | 39 |
propose a balanced budget amendment to the United States | 40 |
Constitution in order to secure future prosperity for our children | 41 |
and grandchildren and enable the national debt to be paid by | 42 |
prohibiting total expenditures of the United States from exceeding | 43 |
total receipts in a fiscal year, except that, the requirement may | 44 |
be overridden by a three-fifths vote of each House or the | 45 |
requirement is waived for any fiscal year in which a declaration | 46 |
of war is in effect or when a majority of each House determines | 47 |
that the United States is engaged in a military conflict that | 48 |
poses a threat to national security; and be it further | 49 |
RESOLVED, That the Clerk of the Senate transmit duly | 50 |
authenticated copies of this resolution to the Speaker and Clerk | 51 |
of the United States House of Representatives, the President Pro | 52 |
Tempore and the Secretary of the United States Senate, the members | 53 |
of the Ohio Congressional delegation, the Governor of the State of | 54 |
Ohio, and the news media of Ohio. | 55 |