House Passes Bill Requiring Obama to Submit Balanced Budget

By on February 6, 2013 in Current Events with 33 Comments

The House passed the Require a Plan Act (HR 444) late this morning by a vote of 253-167.

The legislation reads, “if the President’s fiscal year 2014 budget does not achieve balance in a fiscal year covered by such budget, the President shall submit a supplemental unified budget by April 1, 2013, which identifies a fiscal year in which balance is achieved.”

Speaking on the legislation, House Budget Committee Chairman Paul Ryan (R-WI) said, “I wish it hadn’t come to this. President Obama has a legal and moral obligation to offer solutions to our fiscal challenges. But so far, he hasn’t. Using the numbers from his last budget proposal, the federal budget wouldn’t have achieved balance—ever. And just this week, he missed the statutory deadline to submit his budget—for the fourth time in five years.”

House Speaker John Boehner (R-OH) said, “The president’s budget is late again. Senate Democrats haven’t done a budget in nearly four years. And none of them have a plan to replace the ‘sequester.’ That’s why Republicans passed the No Budget, No Pay Act to force Senate Democrats to finally take action.”

Democrats have said the bill is “stupid” because it’s a step towards cutting federal spending, something they said will hurt the economy and job growth.

The House also recently passed the No Budget, No Pay Act which directs both chambers of Congress to adopt a budget resolution for fiscal year 2014 by April 15, 2013.

The last budget proposal from the White House proposed increasing the contribution federal employees make towards retirement by 1.2%.

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Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce. Ian also has a background in web development and does the technical work for the FedSmith.com web site and its sibling sites.

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