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U.S. National Debt:

Crapo Votes for Balanced Budget Amendment

Amendment to cap spending supported by all 47 Republican senators

Washington, D.C. - Idaho Senator Mike Crapo made the following statement regarding his vote for S.J.Res. 10, a Balanced Budget Amendment to the Constitution.  Crapo, along with every Republican senator, voted for the joint resolution. 

"The national debt is at $15 trillion and rising.  In 1997, a balanced budget amendment failed to pass the Senate by just one vote.  Since then, Congress has added nearly $10 trillion to our national debt.  It's time for the excess spending to stop.  It's time to put our fiscal house in order.  A balanced budget amendment, like the one we have in Idaho, would cap spending and bind each successive Congress in perpetuity." 

Crapo voted against the Democratic alternative, S.J.Res. 24, which would not cap spending and would bias tax reform in favor of tax increases.  The vote failed 21-79.