Local Government
By Wichita Standard |
Feb 14, 2024
Reps. Ron Estes, Jodey C. Arrington, Rudy Yakym, Tim Burchett, Jeff Duncan, and Jake Ellzey have introduced H.J.Res. 113, the Business Cycle Balanced Budget Amendment. This proposed legislation aims to address the excessive spending and national debt of the United States by requiring the federal government to balance its budget.The need for this amendment is underscored by the alarming statistics. As Rep. Estes points out, "Our country borrows about $90,000 per second, each American is on the hook for $100,000 of debt, and our national debt is expected to increase from...