Sen. Rick Scott Leads Balanced Budget Responsibility Act to Stop Washington’s Reckless Spending

February 26, 2026

WASHINGTON, D.C. – Today, Senator Rick Scott announced the introduction of his Balanced Budget Responsibility Act  to provide the president with the authority and discretion to curb wasteful government spending and balance the federal budget. As Congress consistently fails to address the nation’s $38 trillion debt crisis and spends nearly $2 trillion in deficits every year, this bill allows the president, in consultation with the Treasury Secretary and the Office of Management and Budget, to choose not to spend money if the federal government is operating under a deficit, while protecting essential programs like Medicare and Social Security.

Senator Rick Scott said, “Our nation is over $38 trillion in debt and running nearly $2 trillion deficits, and I’ve been fighting for YEARS to stop this reckless spending and balance the federal budget, but clearly, Congress has zero interest in fixing it. We cannot keep wasting your money like this. We can balance the budget, cut taxes, support private-sector job growth and drive down costs for families – I did this in Florida when I was governor. We have to look at how every single dollar is spent and make sure it’s in Americans best interests, and if Congress refuses or fails to do so, the president should have the authority to take action. We all owe it to the American people to give a damn about how we’re spending their dollars, so we can drive down costs and bring fiscal sanity to the nation. President Trump wants to balance the federal budget and take action where Congress fails, let’s let him do it.”

###