Boswell releases statement on balanced budget amendment

Leonard Boswell

Des Moines, IA – Congressman Leonard Boswell (IA-3) today released the following statement regarding his vote in support of the balanced budget amendment:

”During my days in the Iowa Senate, I worked across party lines to put the state’s fiscal house in order and created the rainy day fund which was smart fiscal policy. This legislation would help take politics out of the budgeting process and make everyone face reality. With our country burdened with a 15 trillion dollar national debt, we need to take the necessary steps to reduce this massive amount.

“I came to Washington supporting pay-as-you-go legislation. It is rather sad that we have allowed partisanship to prevail at the expense of the American people. If we had adhered to the fiscal policies of the 1990s, we could have been completely debt-free last year. Unfortunately, we veered dangerously off course by giving tax breaks to millionaires and putting two wars on the credit card. I believe this amendment is now a necessity.”