Text: SR00007 Text: SR00009 Text: SR00000 - SR00099 Text: SR Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 SENATE RESOLUTION NO. ___
1 2 BY GRONSTAL and MURPHY
1 3 A Senate Resolution urging the Congress of the United
1 4 States to continue its progress in reducing the
1 5 federal deficit and to provide to the state of Iowa
1 6 information on the impact that achieving a balanced
1 7 federal budget will have on the State.
1 8 WHEREAS, the 50 states, including the State of
1 9 Iowa, have long been required by their state
1 10 constitutions to balance their state operating
1 11 budgets; and
1 12 WHEREAS, the states have balanced their state
1 13 operating budgets by making difficult choices each
1 14 budget session to ensure that their expenditures do
1 15 not exceed their revenues; and
1 16 WHEREAS, without a balanced federal budget, the
1 17 federal deficit may continue to grow and continue to
1 18 have a serious negative impact on interest rates,
1 19 available credit for consumers, and taxpayer
1 20 obligations; and
1 21 WHEREAS, the Congress of the United States, in the
1 22 last two years, has begun to reduce the annual federal
1 23 deficit by making substantial reductions in federal
1 24 spending; and
1 25 WHEREAS, achieving a balanced federal budget by the
1 26 year 2002 will require continued reductions in the
1 27 annual deficit, averaging almost 15 percent per year
1 28 over the next seven years; and
1 29 WHEREAS, it now appears that Congress, by passing a
1 30 balanced budget amendment to the United States
2 1 Constitution, is willing to impose on itself the same
2 2 budgetary discipline exhibited by the states; and
2 3 WHEREAS, Congress, in working to balance the
2 4 federal budget, may impose on the states unfunded
2 5 mandates that shift to the states responsibility for
2 6 carrying out programs that Congress can no longer
2 7 afford; and
2 8 WHEREAS, the states will better be able to revise
2 9 their state budgets if Congress gives them fair
2 10 warning of the revisions Congress will be making in
2 11 the federal budget; and
2 12 WHEREAS, if the federal budget is to be brought
2 13 into balance by the year 2002, major reductions in the
2 14 annual federal deficit must continue unabated; and
2 15 WHEREAS, these major reductions will be more
2 16 acceptable to the states and to the people of the
2 17 United States if they are shown to be part of a
2 18 realistic long-term plan to balance the federal
2 19 budget; NOW THEREFORE,
2 20 BE IT RESOLVED BY THE SENATE, That it urges the
2 21 Congress of the United States to continue its progress
2 22 in reducing the annual federal deficit and, when
2 23 Congress proposes to the states a balanced budget
2 24 amendment, to accompany it with financial information
2 25 on its impact on the budget of the State of Iowa for
2 26 state budget planning purposes.
2 27 BE IT FURTHER RESOLVED, That the Secretary of the
2 28 Senate send copies of this Resolution to the Clerk of
2 29 the United States House of Representatives and the
2 30 Secretary of the United States Senate, to all members
3 1 of Iowa's congressional delegation, and to the
3 2 presiding officers of both houses of the legislature
3 3 of each of the other states.
3 4 LSB 2268SS 76
3 5 sc/jw/5
Text: SR00007 Text: SR00009 Text: SR00000 - SR00099 Text: SR Index Bills and Amendments: General Index Bill History: General Index
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