MCCASKILL VOTES FOR BALANCED BUDGET AMENDMENT TO THE CONSTITUTION
December 14, 2011
WASHINGTON, D.C. - U.S. Senator Claire McCaskill, an outspoken advocate for cutting government spending, today released the following statement after voting in favor of a Constitutional amendment to require federal budgets be balanced.
"Missouri families make tough budget choices every day and the federal government should do the same. I'm proud to support a responsible, commonsense plan to force leaders in Congress to balance the budget. There's a right way and a wrong way to get this done. Instead of blowing a hole in Medicare and Social Security like some politicians are advocating, our plan would allow these programs to be made stronger."
The amendment supported by McCaskill would protect Social Security and Medicare from drastic cuts that would hurt middle class families and seniors who depend on the safety nets for food, medicine, and housing.
The Balanced Budget Amendment supported by McCaskill (available on her website, HERE) would erase future deficits by requiring federal budgets to be in balance. The Amendment, which could be suspended in the event of a declared war, would:
- require balanced budgets beginning in five years
- fully preserve Social Security by protecting it in a "lock-box"
- give Congress the flexibility to improve the long term health of Medicare without ending the program as we know it
- prevent Congress from passing tax cuts for individuals earning more than $1 million per year, unless the country maintains a budget surplus
- maintain flexibility for future Congresses to determine how best to balance the federal budget
McCaskill today voted against a different balanced budget proposal that would force deep cuts to Social Security and Medicare-programs crucial to America's seniors-while at the same time giving constitutional protection to special tax breaks that benefit rich corporations and the super wealthy.
Find your local office