The House will take up a balanced budget amendment to the Constitution as lawmakers struggle to cut a deal for increasing the nation’s debt limit, Majority Leader Eric Cantor announced Thursday.
“One option to ensure that we begin to get our fiscal house in order is a balanced budget amendment to the Constitution, and I expect to schedule such a measure during the week of July 25th,” the Virginia Republican said in a statement released by his office.
“I have no doubt that my Republican colleagues will overwhelmingly support this common sense measure and I urge Democrats to as well in order to get our fiscal house in order,” he added.
The balanced budget amendment has been a popular proposal among conservative Republicans, but moderates and veteran lawmakers largely view it as little more than a political stunt because of the inherent difficulty of the ratification process.
The measure is sponsored by Rep. Bob Goodlatte (R-Va.).
Rep. Elijah Cummings, D-Md., right, hugs Harold Schaitberger, General President of the International Association of Fire Fighters, after the Congressman spoke at the IAFF's Legislative Conference General Session at the Hyatt Regency on Capitol Hill, March 9, 2015. The day featured addresses by members of Congress and Vice President Joe Biden.