Press Release
Nation’s Oldest Taxpayer Group Tells House Committee: America Needs Balanced Budget AmendmentFor Immediate Release May 13, 2011Douglas Kellogg, (703) 683-5700
(Alexandria,
VA) – Today, Andrew Moylan, Vice President of Government Affairs for the
362,000 member National Taxpayers Union (NTU), testified before the House
Subcommittee on the Constitution on the question: “Whether the Constitution
Should be Amended to Address the Federal Deficit?” Moylan provided a clear
answer, by testifying in strong support of a Balanced Budget Amendment (BBA) to
the U.S. Constitution.
Moylan analyzed (and lauded)
several current BBA proposals, including the “Consensus
BBA” introduced by Senator Hatch (R-UT) as S.J. Res. 10 and by Representative
Walsh (R-IL) as H.J. Res. 56. “These measures would provide a vital
check on irresponsible budgeting,” he said. “The fiscal crisis our nation
currently faces clearly demonstrates the value and need for a Balanced Budget
Amendment.”
Moylan countered arguments against
a BBA saying, “Opponents contend that we have never
enshrined any specific economic policy in the Constitution and should not do so
now. But the BBA is not an economic policy and it is not a federal budget; it
is a set of guidelines within which Congress can create economic policy and a
federal budget.”
Additionally
he dispelled concerns over emergency spending clearing BBA hurdles by pointing
to recent history: “Congress is not only capable of achieving such
supermajorities but has done so [if the situation truly warrants it]…when the
financial panic of late 2008 gripped the nation, Congress passed the Troubled
Asset Relief Program with strong bipartisan supermajorities in both chambers.”
The complete
testimony submitted by NTU Vice President of Government Affairs Andrew Moylan
to the Subcommittee on the Constitution,
Committee on the Judiciary, United States House of Representatives can
be found HERE
(http://judiciary.house.gov/hearings/pdf/Moylan05132011.pdf).
The
362,000-member NTU is a nonpartisan, nonprofit organization working for lower
taxes, smaller government, and economic freedom at all levels. More information
on NTU’s history of Balanced Budget Amendment advocacy, dating back to the
1970s, is available at www.ntu.org.