Steve Daines: “I join Senator Cassidy of Louisiana, Senator Gardner of Colorado, and Senator Cotton of Arkansas in introducing the…”

“I join Senator Cassidy of Louisiana, Senator Gardner of Colorado, and Senator Cotton of Arkansas in introducing the Balanced Budget Accountability Act. By establishing the principle No Balanced Budget, No Pay, this legislation will bring fiscal responsibility to Washington. The American people deserve a balanced budget. Unfortunately, Washington remains unwilling to take the steps needed to get our country back on solid fiscal ground. The Balanced Budget Accountability Act reflects core principles that work: common sense business practices that protect hardworking taxpayers and making elected officials accountable for delivering results to the people they serve. It is what Washington needs to finally balance the budget. Mr. President, I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 493 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; FINDINGS. (a) Short Title.--This Act may be cited as the ``Balanced Budget Accountability Act''. (b) Findings.--Congress finds the following: (1) The Federal debt exceeds $18,000,000,000,000, continues to grow rapidly, and is larger than the size of the United States economy. (2) The Federal budget has shown an annual deficit in 45 of the last 50 years.…”