Marco Rubio Backs Balanced Budget Amendment

Florida U.S. Sen. Marco Rubio joined with Republican colleagues on Thursday in calling for a federal balanced budget amendment.

The balanced budget amendment proposed by Republicans today sends a message that Washington can no longer spend more money than it takes in, and that common-sense principle should be enshrined in the Constitution, said Rubio. With a $14 trillion national debt, we are at a defining moment in American history and this amendment will force politicians in Washington to do what every family across our country must do in balancing a budget. While passing a balanced budget amendment is important, we must also have a plan for fundamental tax reform, overhauling our regulations, cutting discretionary spending and adopting reforms to save our entitlement programs.