Days after President Barack Obama proposed a federal budget for 2016 that digs the nation deeper into debt while also raising taxes, Senator Lisa Murkowski today announced she is co-sponsoring S.J. Resolution 6, the Balanced Budget Amendment Act to stabilize the nation's economy and fiscal path.
"With the nation sinking deeper than $18 trillion in debt, we simply need to get our fiscal house in order," said Murkowski. "That works out to having every man, woman and child in a $56,000 hole; this is reckless, unsustainable and threatens our standing in the world. America cannot sink further into the red, dig our grandkids deeper into debt, and hand over more of our economy to foreign lenders."