(New Smyrna Beach, Florida) The Let Us Vote for a Balanced Budget Amendment (LUV4BBA) Citizen’s Campaign recognizes New Mexico’s State House 17th District candidate, Scott Goodman, for his “Pledge to support my constituents’ Constitutional Right to vote for a U.S. Balanced Budget Amendment.” Mr. Goodman is the first candidate in his district to commit to giving citizens a vote on a constitutional solution to unsustainable deficit spending.
The LUV4BBA Pledge supports fiscal limits, restraining federal spending from growing faster than the rate of inflation (up to 2%) plus population change, with exceptions for Social Security and national emergencies (such as the Coronavirus pandemic). The Let Us Vote for a Balanced Budget Amendment proposal is similar to the Swiss “Debt Brake” which was adopted in 2001 by an 85% vote of the people who. Since that time, the “Debt Brake” has contributed to the Swiss enjoying the world’s second-highest GDP per capita ($20,000 higher than the U.S.) and the world’s second-lowest borrowing cost.
Under the authority of Article V of the U.S. Constitution, citizens may soon have the opportunity to vote on a U.S. balanced budget amendment. Article V states that a constitutional amendment may be proposed by a two-thirds vote of Congress or by a convention called by two-thirds (34) of the states. According to constitutional scholar Robert G. Natelson, only one more state may be required to pass a resolution before a Balanced Budget Amendment Convention is called.
Article V also establishes that a proposed constitutional amendment may be ratified by either three-fourths of the state legislatures or by three-fourths of state ratifying conventions. In 1933, The 21st Amendment was ratified via state conventions. This process allowed a vote of the people to determine ratification through their elected “yes” or “no” pledged delegates. Proceedings took place without rogue voting or debate and resulted in the repeal of Prohibition.
According to a recent national survey of 8,671 registered voters, a bi-partisan 83% stated that they want to vote on a balanced budget amendment. 45% said that, in order to get their vote, state and national candidates must “Let Us Vote for a Balanced Budget Amendment.”
David Biddulph, Co-founder of LUV4BBA, states: “I am one of the 83% of U.S. voters who agrees with Harry Reid that ‘We are driving ourselves into bankruptcy. We’ve got to do something!’ Now is the time for elected representatives to empower the states to draft and the people to ratify a U.S. Balanced Budget Amendment.”