On Balancing Our Budget & 2015’s HJR7

On Balancing Our Budget & 2015’s HJR7

“Our Utah State Constitution requires the state legislature to balance the budget each year. And we do. We have a constitutional debt limit as well, preventing us from borrowing too much money. We take pride in being the best-managed state in the nation.

It’s not always easy. There are lots of things we do without, sacrifices and priorities we have to make. But in the end, it is worth it to bring stability and certainty to our economy, and most importantly our citizens.

Contrastingly, each year our national debt grows because of deficit spending. Right now it tops over $18 trillion. This debt threatens our prosperity, our national security, and our children. We’ve called on Congress to control its spending for years, with no success.

The status quo is simply unacceptable. We cannot maintain the current trajectory forever. HJR7 is a resolution that calls for a convention of the states for the purpose of considering a balanced budget amendment, which would then require ratification by 38 states.”

– Utah State Senator Deidre Henderson

Originally published on the Utah Senate Site. Reposted with permission. 

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