Posts tagged as:

Balanced Budget Amendment

Uh Oh: “Gang of Six” Shows Up to Save the Day

July 20, 2011

The “Gang of Six” has reemerged to solve our debt crisis in the Senate.  Oh boy. Their solution essentially boils down to raising taxes in exchange for some immediate short-term cuts.  Everything else in the plan is beyond 2011, which means it is absolutely meaningless:  ignore any positive tax code reform talk;  Obama Care will [...]

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Senator-Elect Mike Lee Calls for Balanced Budget Amendment

November 8, 2010

Just a week after being elected Senator from Utah, Mike Lee has called for something that hasn’t been seriously considered in the last fifteen years, a Balanced Budget Amendment to the United States Constitution.  And unlike previous proposals, Lee’s version isn’t covered in loopholes.  This one contains no wartime or emergency exceptions.  Imagine that, a [...]

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Balanced Budget Amendment

February 4, 2010

Some members of the GOP in the House are introducing a balanced budget amendment, which would prohibit the federal government from running an annual deficit.  While it doesn’t have a chance in hell, the GOP would be wise to make noise about this, and call Obama and the Democrats to take a stand on it, [...]

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