El ex-presidente ecuatoriano Rafael Correa difunde activamente retórica antiamericana y altera las instituciones democráticas de su país para su propio beneficio. Correa ha sido condenado por corrupción por parte de la Corte Nacional de Justicia de Ecuador. Los...
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English/ Español: Rubio, Risch, Colleagues: Rafael Correa Must Be Held Accountable for His Crimes
Former Ecuadorian President Rafael Correa actively spreads anti-American rhetoric and tampers with his homeland’s democratic institutions for his own benefit. Correa has been convicted of corruption by Ecuador’s National Court of Justice. U.S. Senators Marco Rubio...
Rubio Demands Answers on Decongestant Medication Efficacy
A U.S. Food and Drug Administration (FDA) advisory committee recently determined that phenylephrine, an ingredient commonly used to treat sinus and nasal congestion, is ineffective in treating these symptoms. This was apparent from research for years, yet large...
Rubio Habla en La Poderosa
El senador estadounidense Marco Rubio (R-FL) habló con César Grajales de La Poderosa 670 AM en El Panorama Político, sobre la crisis fronteriza, sobre cómo los hispanoamericanos se ven afectados con la realidad del país, sobre los cargos contra el senador Bob Menéndez...
Rubio, Colleagues Reintroduce Bill to Protect Rights of Pregnant Students
Pregnant students are sometimes discriminated against by their schools, either intentionally or unintentionally and there is a concerning lack of awareness about the resources and rights available to them. Due to a lack of services and discrimination, these women may...
Rubio, Colleagues Reintroduce Intelligence Community Workforce Agility Protection Act
Currently, intelligence community civilians are subject to certain tax penalties for job-related relocation requirements, but active-duty military servicemembers are not subjected to the same penalties. These tax benefits, including the ability to deduct moving...
Rubio Joins Senate Republicans To Introduce Balanced Budget Amendment
Rubio: “The root of our debt crisis is that our government spends $1 trillion more than it takes in every year. … We need a strong Balanced Budget Amendment, and I will keep working until the requirement that Congress pass a balanced budget is enshrined in our Constitution.”
Washington, D.C. – U.S. Senator Marco Rubio today joined with all of the Senate Republicans led by Senator John Cornyn (TX) to introduce a resolution proposing a Balanced Budget Amendment to the Constitution. The bill also has the support of Americans for Prosperity, Americans for Tax Reform, Council for Citizens Against Government Waste, National Taxpayers Union, National Federation of Independent Business, and the 60 Plus Association.
“The root of our debt crisis is that our government spends $1 trillion more than it takes in every year,” said Rubio. “Practically every state, including Florida, has to balance its budget by law, just as working families have to out of necessity. It makes for tough choices, but it forces elected officials to follow through on their most basic responsibilities regarding how taxpayer dollars are spent.”
“Washington has proven its inability to curb out of control spending,” Rubio continued. “We need a strong Balanced Budget Amendment, and I will keep working until the requirement that Congress pass a balanced budget is enshrined in our Constitution.”
The Balanced Budget Amendment would do the following:
- Requirement to Balance the Budget: With limited exceptions, the federal budget must be balanced.
- Presidential Requirement to Submit a Balanced Budget: Prior to each fiscal year, the President must submit to Congress a balanced budget that limits outlays to 18 percent of GDP.
- 18 Percent Spending Cap: With limited exceptions, Congress must limit outlays to 18 percent of GDP.
- Supermajority for Tax Increases. Establishes a new supermajority requirement for net tax and rate increases.
- Supermajority to Raise the Debt Limit: Establishes new supermajority requirement for an increase in the debt limit.