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ARTICLE · 12 OCTOBER 2011

What About Right Now?

Cozen O'Connor
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This week the House Judiciary Committee held a hearing on consideration of a "balanced budget amendment" to the constitution.

United StatesGovernment, Public Sector
Megan Mortimer
Megan Mortimer

This week the House Judiciary Committee held a hearing on consideration of a "balanced budget amendment" to the constitution. The concept of a balanced budget amendment has become a popular topic in the political landscape, especially in the recent partisan squabbles over the debt ceiling. Conceptually a balanced budget amendment would mandate that the federal government not spend more than it takes in. Proponents often use the metaphor of us who balance their checkbooks each month when paying bills and budgeting expenses to illustrate this point. However we also all know that the federal government's budget is far more complicated than a simple check book balance. Currently there are a few legislative proposals on the table, but none of which any of the hearing witnesses would emphatically support in their current state.

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