Vern Buchanan Pushes Balanced Budget Constitutional Amendment

This week, U.S. Rep. Vern Buchanan, R-Fla., who sits on the House Budget Committee tried to rally support for the Constitutional Balanced Budget Amendment that he is supporting -- and he pointed to Florida as an example of a government that manages with a balanced budget. 

“We’re going broke, it’s not a matter of if, it’s a matter of when, unless we change what we’re doing,” Buchanan said. “We need a standard and I think that standard is a Constitutional Balanced Budget Amendment– Florida balances the budget every year, we make the tough choices … It’s immoral what we’re passing on to our kids and grandkids. I have a granddaughter and a grandson on the way and I feel horrible about what’s taking place up here.”
 
Buchanan noted that the Congressional Budget Office (CBO) warned this week that entitlements and other expenses were leading America to fiscal disaster.