Why the Balanced Budget Amendment is The WORST Idea Ever (via Publius-Huldah’s Blog)

Found this article in a free paper, the Central Idaho Post, in the town of Grangeville, Idaho on my way back from Seattle this past week. Definitely a must read.

Why the Balanced Budget Amendment is The WORST Idea Ever By Publius Huldah. Senator Jim De Mint (who should know better) is supporting The Balanced Budget Amendment.  Proponents of this "fix" trumpet these supposed benefits:   That the amendment would: Require Congress to balance the federal budget each year Prevent Congress from spending more than 20 percent of GDP Require a 2/3 super-majority vote to raise taxes But the actual result of the proposed amendment would be to finish off (with little hope … Read More

via Publius-Huldah's Blog

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