Angie Craig: “Last week several Senators and Representatives held a bipartisan, bicameral press event on the Capitol Grounds. Among…”

“Last week several Senators and Representatives held a bipartisan, bicameral press event on the Capitol Grounds. Among other things, we received a letter, signed by more than 250 economists, endorsing the balanced budget amendment to the Constitution. The letter was put together by the American Legislative Exchange Council, the largest bipartisan individual association of State legislators in the country. These economists, from both sides of the political aisle, have signed an open letter to Congress, asking us to approve the balanced budget amendment. Both Republicans and Democrats, conservatives and liberals, they have based their support of the balanced budget amendment upon sound reasoning and a concern that America's future will be crippled if Federal deficits are allowed to continue. The balanced budget amendment is not a partisan issue--it is an economic and moral issue. We need to recognize that through deficit spending we are selfishly spending on ourselves today the earnings that will be confiscated from future generations without their consent or knowledge.”