As the national debt eyes $35 trillion and the budget deficit inches toward $1.5 trillion this fiscal year, Sen. Jon Tester (D-Mont.) plans to reintroduce his constitutional amendment mandating balanced budgets.
Mr. Tester, who is up for re-election this year, wants to require presidents and Congress to present balanced budgets to the American people. He says this would lower costs and rein in unnecessary government spending.
His proposal would include provisions to protect Social Security and Medicare and ensure the federal government maintains debt payments to avert default.
“At a time when Montanans are struggling with rising costs on everything from housing to groceries, the President and Congress must do more to reign [sic] in unnecessary government spending and act as responsible stewards for our economy,” he said….
