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July 24, 2014

Media Advisory: Rep. Schweikert Testifies at Judiciary Hearing on National Debt

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. 

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BACKGROUND:

Rep. Schweikert spoke on the House Floor about the national debt twice in the last four weeks. His latest speech can be viewed below. 

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