Balanced Budget Amendment

Rep. Barry Loudermilk (R-GA) issued the following statement after he reintroduced his balanced budget amendment, H.J.Res. 40: “As our national debt continues to increase at an alarming rate, Americans grow increasingly weary of the federal government’s inability to operate within its means. Congress has proven over the past two decades that it no longer has the political will to reduce… Read more »

Rep. Loudermilk (R-GA) issued the following statement after the House passed the $15 billion Spending Cuts to Expired and Unnecessary Programs Act (H.R. 3): “It’s been nearly two decades since Congress passed a rescission bill, but last night, I and 209 of my colleagues voted to pass the largest rescission package in history. The Spending Cuts to Expired and Unnecessary Programs Act… Read more »

Rep. Barry Loudermilk (R-GA) today issued the following statement after voting in favor of Rep. Bob Goodlatte’s (R-VA) balanced budget amendment to the U.S. Constitution, H.J.Res. 2: “Americans are frustrated with massive federal spending, huge deficits, and an out of control national debt. Today, Congress was given the opportunity to change course and put the federal government on… Read more »

Rep. Barry Loudermilk (R-GA) House Floor speech on the balanced budget amendment (H.J.Res 2) sponsored by Rep. Bob Goodlatt (R-VA). Summary of the balanced budget amendment (H.J.Res. 2): • The federal government cannot spend more money than it takes in without a three fifths vote of each chamber of Congress. • Requires a three-fifths vote of each chamber to increase the debt… Read more »

Rep. Barry Loudermilk questioning the Honorable Steven T. Mnuchin, Secretary, U.S. Department of the Treasury, at the House Financial Services Committee hearing on February 6, 2018. To watch the full hearing CLICK HERE. Read more »