Small Business Challenges in 2014
National Federation of Independent Business is backing action by Michigan and
other states to pass resolutions that would force Congress to call a convention
to propose amendments to the Constitution of the United States to require a
balanced federal budget. The resolutions are part of a nationwide effort to use
the Article V process outlined in the U.S. Constitution to move Congress toward
adopting a Balanced Budget Amendment. The process requires 34 state
legislatures to adopt similar resolutions that would call for a convention to
propose a balanced budget amendment. So far, Twenty four states have already passed the
Resolution. Michigan was the 23rd state to pass the resolution.
Senate Joint Resolution V, sponsored
by Senator Mike Green (R-31) was passed by the Senate and sent over to the House. The Resolution was changed in Committee and passed the full House on March 20, 2014. It went back to the full Senate for concurrence and was passed on March 26th, making Michigan the 23rd state to pass a call for a convention of states to require a federal balanced budget. As of the fall of 2014, 24 states have passed a call for convention with 15 more states slated to take up the issue in their spring 2015 sessions.
House legislation to specify how delegates would be selected to the convention of the states was introduced by Representative Ray Franz (R-101) as House Bill 5380. The bill also passed the full House on March 20, 2014 and is in the Senate awaiting further action.
long supported Congressional action to pass a Balanced Budget Amendment, but we
are stepping up our game by standing behind the state’s efforts through the
Article V process as well. As of now, NFIB is the only
business group in Lansing and DC supporting this Article V effort
business owners are fed up with the federal government’s failure to address the
basic budgeting that every citizen and small business must adhere to in their
daily activities. NFIB believes it is time for the states and citizens to use
the powers provided by the founding fathers in our Constitution to put an end to
this irresponsible behavior.