As awareness of the nation’s debt grows, so does support for HB2457, which establishes a compact among the states for the purpose of proposing a balanced budget amendment to the United States Constitution. The Arizona House of Representatives passed the bill last week, and supporters hope for the same success in the Senate.
“Article V of the United States Constitution states that amendments to the U.S. Constitution may be made. Proposed amendments may be done in one of two ways: the approval of two-thirds of both Houses of Congress, or on the application for a convention by two-thirds of the states’ legislatures,” according to the legislative overview. “Proposed amendments then have to be formally approved by three-fourths of the states’ legislatures or by three fourths of the states’ conventions. Congress may recommend the mode of ratification.”
“For the third year in a row, the House has shown its resolve to lead on fixing the national debt. To prevail in the Senate, it will take a strong bipartisan coalition who puts the future of our kids and their kids first,” stated Nick Dranias, Executive Director of Compact for America.
“There are many who claim to defend the Constitution, but fail to understand the contents thereof. Article V was given to us by the framers because they knew that this day would come. What day do you ask? The day where those who are overlords would “know better” or be more enlightened than the people who gave them power in n the he first place,” stated Rep. Mark Finchem after the bill passed.
“Clearly there are two parts to the equation that will save our Republic. First, a Congress that will stop spending money that it has not been given by the TAXPAYERS. The second is state legislatures that will stop accepting FRN (Federal Reserve Notes), what are notes, nothing more than promises to pay) in exchange for plantation-like power over the states,” continued Finchem.
“It is time for citizens to awaken and demand justice for the investment they have made in the nation they call home.” Finchem concluded, “It is time to demand that the Congress with no clothes to recognize they are naked and we know it.”
Supporters expect a tough fight in the Senate. While many senators support a compact, Senate President Andy Biggs, with his deep John Birch Society roots, is expected to kill the bill.
“Alaska, Georgia, Mississippi and North Dakota enacted House Bill 284, House Bill 794, Senate Bill 2398, and House Bill 1138, respectively, to exercise the power of their legislatures in proposing a balanced budget amendment to the United States Constitution as permitted by Article V of the U.S. Constitution,” reads the legislative overview. “Each of these balance budget compacts are substantively identical to each other except for the identity and the number of representatives the respective state chooses to act as delegates for the National Convention. The enactment of these laws acknowledges that member states are bound to the balanced budget compact, and must comply with the expressed mutual promises and obligations indicated by each states’ legislature.”
According to Compact for America, the compact would involve an agreement among the states to advance and ratify a federal balanced budget amendment before April 12, 2021 through a 24 hour Article V convention.