Washington, D.C., July 23, 2014– Rep. David Schweikert (R-AZ) will testify at the House Judiciary Committee hearing titled, "Constitutional Solutions to our Escalating National Debt: Examining Balanced Budget Amendments" Thursday morning.
The hearing will be held in 2141 Rayburn House Office Building on Thursday, July 24, 2014 at 10:00 a.m. ET and will be streamed live, here.
Testimonies will be presented by members of Congress introducing amendments addressing a balanced budget. Rep. Schweikert will be defending H.J. Res 10. The resolution proposes a constitutional amendment that requires the Federal budget to be balanced and demands that an increase in the Federal debt require approval from a majority of the legislatures of the several states. Additionally, the resolution also prohibits total outlays from exceeding 18% of the gross domestic product (GDP) for the calendar year ending before the beginning of such fiscal year. The resolution can be read in its entirety here.
Rep. Schweikert spoke on the House Floor about the national debt twice in the last four weeks. His latest speech can be viewed below.