,,iv #aafth ,,congress #b;d ,session ,h4 ,,res4 #hah ,,in ,,the ,,house ,,of ,,representatives ,january #cj1 #bjbj,mr4 ,budd 7for himself1 ,mr4 ,meadows1 ,mr4 ,rouzer1 ,mr4 ,murphy of ,north ,carolina1 ,mr4 ,bishop of ,north ,carolina1 and ,mr4 ,hudson7 submitted the following resolution2 which was referred to the ,committee on ,ways and ,means ,,resolution ,expressing support for a balanced budget4 ,whereas the ,federal ,government's fiscal trajectory is highly unsustainable and risks triggering a ,united ,states financial crisis that could undermine the prosperity of the ,american people2 ,whereas the majority of the ,american people want to see ,congress take action to significantly reduce the ,federal budget deficit2 ,whereas the national debt now exceeds #bc1jjj1jjj1jjj1jjj dollars1 equivalent to approximately #gj1jjj for each citizen in ,america2 ,whereas research shows that reducing ,government spending rather than raising taxes is the most effective way to reduce the deficit and has historically been correlated with fiscal success around the world2 ,whereas studies show that when the ,federal ,government cuts taxes on ,american businesses and job creators1 they are more likely to hire new workers and make investments2 ,whereas reducing ,government spending and not increasing taxes directly improves the economy by increasing the confidence that business owners and investors have in the economy2 ,whereas the ,government can help businesses and the economy succeed by focusing on supporting the private sector rather than imposing heavy taxes on ,american businesses2 ,whereas every increase in spending should be offset with a spending decrease2 and ,whereas defense spending is critical to the security of the ,united ,states and cannot be forgoed for increases in nondefense discretionary spending3 ,now1 therefore1 be it ,that the debt ceiling should not be raised without significant fiscal and spending reforms that would put the ,united ,states on a path to balance the budget4