A Balanced Budget Amendment would require Washington to act responsibly - it would mandate that Congress not spend more than its income.
So simple and obvious, it is scary.
Acting fiscally responsible, and spending within the limits of the incoming revenue, is a radical departure from today's course of business in the nation's capital, where the national debt could eventually reach a staggering 344 percent of GDP by mid-century.
In 1798, Thomas Jefferson wrote that he longed for such a constraint:
I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government; I mean an additional article taking from the Federal Government the power of borrowing.
The concept of a balanced budget amendment is nothing new. A BBA was first proposed in 1936, reappearing again in 1982 and then again in the Republican revolution of the mid-1990s.
Of course the liberals fought it, and demonized it, because they do not want limits on their spending habit.
-- Political Pistachio Conservative News and Commentary
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