Entries in Balanced Budget (1)
I'mma Take a Crap on the Balanced Budget Amendment
This week in the continuing saga of the debt ceiling, the House will be voting on a Republican proposal to make raising the debt ceiling contingent on the passage of a balanced budget amendment to the Constitution. This measure is expected to pass the House where it will be dead on arrival in the Senate. That’s a good thing because, although a balanced budget amendment is a good talking point, it’s horrible policy - particularly the specific one under consideration.