Article V Application for a Federal Fiscal Responsibility Amendments Convention to Curb Runaway Inflation and Restore Fiscal Sanity
TO MAKE APPLICATION FOR AN INFLATION-FIGHTING, FEDERAL FISCAL RESPONSIBILITY AMENDMENTS (FRA) CONVENTION; TO DEMAND CONGRESS EXPEDITIOUSLY PASS A RESOLUTION DIRECTING THE ARCHIVIST OF THE UNITED STATES TO TRACK AND MAKE PUBLIC A LIST OF APPLICATIONS, AND STIPULATING RATIFICATION BY A VOTE OF THE PEOPLE IN STATE CONVENTIONS.
Whereas, Article V authorizes the States and Congress equally to propose Amendments to the United States Constitution; and
Whereas, the Constitution mandates that Congress shall call a Convention for Proposing Amendments “upon the Application of two-thirds of the several States;” and
Whereas, since 1979, the national debt has increased from $850 billion to more than $30 trillion and the dollar has been devalued by more than 70%, as of the end of 2021; and
Whereas, as of July 2022 inflation is more than 9.1%, a 40-year high; and
Whereas, fiscal and monetary irresponsibility at the federal level is increasing inflation, reducing economic growth, lowering Americans’ standard of living, jeopardizing Social Security and Medicare, putting national security at alarming risk, and threatening the economic stability of the several States and the prosperity of Americans for generations to come;
NOW THEREFORE, THIS STATE LEGISLATIVE CHAMBER:
SECTION 1. Makes Application under Article V for an Inflation-fighting Federal Fiscal Responsibility Amendments Convention.
SECTION 2. Demands Congress expeditiously approve House Concurrent Resolution 101 to direct the Archivist of the United States to determine whether an Article V Convention for Proposing Amendments has been triggered.
SECTION 3. Demands that the voice of the American people be heard on this matter by requiring ratification by a vote of the people in state ratifying conventions.
SECTION 4. Urges the Archivist of the United States to authenticate, securely store, count and acknowledge this Application and make public a list of Applications by subject. This Application shall be counted with balanced budget Applications, plenary Applications on any subject(s) or any multi-subject Applications that, in part, impose fiscal restraints on the federal government. Article V Applications remain active until Congress calls for a Convention for Proposing Federal Fiscal Responsibility Amendments.
SECTION 5. Urges The Attorney General of this State to review and consider all legal options for the Archivist of the United States to maintain a timely and accurate record and to count all State applications under Article V, and for Congress to timely execute its ministerial duty to designate the date and place for a Convention for Proposing Amendments any time the two-thirds (34) constitutional threshold is reached for summoning a convention of states for proposing amendments.SECTION 6. Requires copies of this Application be transmitted to the President of the United States, President and Secretary of the United States Senate, the Speaker and Clerk of the United States House of Representatives, Archivist of the United States, and the members of the United States Senate and the United States House of Representatives from this State, to the presiding officers of each of the legislative houses in the several States, requesting their cooperation in this endeavor.