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Topic: Balanced Budget Amendment

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	Balanced Budget Amendment: An Overview 1/31/97
		The proposed constitutional balanced budget amendment would require the budget to be balanced (or in surplus) every year, regardless of whether economic growth is strong or weak.
		Amendment proponents note that the amendment would allow the balanced budget requirement to be waived for a particular year if three-fifths of the full membership of each chamber of Congress so voted.
		When that occurs and restoring budget balance for the year is not feasible or wise, the government can face a choice between failing to act — and thereby risking default — and authorizing a deficit and a rise in the debt limit.
	www.cbpp.org /Bbaovrvw.htm (5261 words)

	THE BALANCED BUDGET AMENDMENT
		Were a balanced budget amendment to be enforced by the courts, it would restructure the balance of power among the branches of government and could empower unelected judges to raise taxes or cut spending -- fundamental policy decisions that judges are ill-equipped to make.
		Once the outcome of the budgeting process has been specified in a constitutional amendment, a plaintiff with standing might successfully argue that he or she had a right to have a court issue whatever relief is necessary to remedy the constitutional violation.
		Even supposing that the amendment brought about a reduction in the size of the deficit, the remaining excess of expenditures over receipts would constitute a continuing multi-billion-dollar violation of the Constitution, every day that the budget is not in balance.
	www.usdoj.gov /olc/jtecon.95.8.htm (6905 words)

	Issue Brief: Balanced Budget Constitutional Amendment
		If elected officials try to evade the balanced budget requirement by forcing states or localities, businesses or individuals to pay bills for services or benefits that cost more than people are willing to pay, their constituents will seek new representation soon.
		If we don't shoulder the responsibility of balancing the budget now, during an economic expansion, we certainly cannot hope to do it during a recession or at a time when we appear to be heading toward recession.
		It is quite possible to balance the budget entirely on the spending side, if legislators and their constituents are willing to pare back entitlement programs for the middle class and cut more deeply into military and domestic annual appropriations.
	www.concordcoalition.org /issues/fedbudget/old-doc/bba_issue_brief.html (3959 words)

	Balanced Budget Amendment
		First, balancing the budget too rapidly could send the economy into a recession; balancing the budget through spending cuts over 1997-2000 would be likely to raise the short-term unemployment rate by one and a half percentage points.
		But current balanced budget proposals principles are at odds with the two principles that should guide fiscal policy--balancing the government's current operating budget over the business cycle so that expenditures to benefit today's Americans are financed by today's taxpayers, and basing government investment decisions on long-term costs and benefits.
		The fiscal 1994 budget sees the Administration close roughly forty percent of the gap between what the GDP share of federal investment spending was in the 1970s and what federal investment had shrunk to during the Reagan and Bush Administrations.
	www.j-bradford-delong.net /Politics/BB/BB_Amendment.html (3129 words)

	Balanced Budget Amendment - Wikipedia, the free encyclopedia
		A Balanced Budget Amendment is any one of various proposed amendments to the United States Constitution which would require a balance in the projected revenues and expenditures of the United States government.
		With the distractions of the Watergate scandal and the budget deficit relatively small, however, most criticisms were sidelined until the administration of Jimmy Carter.
		The Republican takeover of Congress in 1994 led to a push for a balanced budget, President Clinton and congress reduced the deficit.
	en.wikipedia.org /wiki/Balanced_Budget_Amendment (2517 words)

	Unbalanced amendment - Balanced Budget Amendment Reason - Find Articles (Site not responding. Last check: 2007-10-14)
		The amendment's focus on short-term budget estimates tilts the odds away from big spending cuts--which rarely can be done quickly--in favor of an endless series of seemingly small tax increases.
		Suppose, for the sake of argument, that Hoover had managed to balance the budget, or that the current Congress reduces the deficit to zero in, say, the year 2002 (the target year mentioned in the proposed legislation).
		Even with balanced budgets, however, inflation and interest rates in those countries were not nearly as low as in the United States.
	www.findarticles.com /p/articles/mi_m1568/is_n2_v27/ai_16971707 (964 words)

	EWG Report \|\| The Balanced Budget Amendment (Site not responding. Last check: 2007-10-14)
		The "pro-cyclical" nature of the amendment, which will force the deepest budget cuts during economic slowdowns, will only compound economic risks to farmers that were already substantially increased by the 1996 Farm Bill, which dramatically weakened the government safety net for agriculture.
		Proponents of the balanced budget amendment are disingenuous when they argue that the amendment simply requires the government to do what families do--live within means.
		While efforts to balance the federal budget and steadily reduce deficit spending make sense for agriculture, the balanced budget amendment will not serve agriculture's interests in the long or short term, whether one's philosophy of farm assistance is "return to parity," Freedom to Farm or green payments.
	www.ewg.org /pub/home/reports/balbudget/bbafarm.html (576 words)

	The Balanced Budget Amendment: The Wrong Answer to Runaway Spending
		Furthermore, the Balanced Budget Amendment wrongly focuses on the deficit, which is merely a symptom of the larger disease of runaway spending.
		If the Balanced Budget Amendment were to take effect on December 31, 2008, lawmakers would likely respond to the budget deficit the same way they did during the last two major deficit-reduction deals, in 1982 and 1990—by relying almost exclusively on tax increases.
		Discussion of the Balanced Budget Amendment is a positive sign that lawmakers may finally be ready to address the fiscal irresponsibility of the past few years.
	www.heritage.org /Research/Budget/wm580.cfm (1007 words)

	Statement on The Balanced Budget Amendment (Site not responding. Last check: 2007-10-14)
		The balanced budget amendment, if approved by the Congress and 38 or more of the 50 states, would place in the Constitution not economic micro-management but a fundamental rule of fiscal responsibility--that the people of this country want their elected representatives to deal with the difficult choices involved in taxing and spending in the present.
		Passage of the balanced budget amendment by the U.S. Congress would encourage debate about this problem in every state of the union, which would in itself be a benefit whatever the ultimate outcome.
		We have debated a balanced budget amendment to the Constitution ever since we lost the sense of fiscal responsibility that led us to balance the budget except in time of war.
	andrsn.stanford.edu /Other/bba.html (736 words)

	Senate Balanced Budget Amendment Debate
		That is the essence of a balanced budget.
		The balanced budget constitutional amendment is supported by 83 percent of Americans, according to a poll published in a recent edition of USA Today.
		But the balanced budget amendment is a critical test of whether we are willing to be responsible for our debts, and to be, in Jefferson's phrase, ``Morally bound to pay them ourselves.'' And here is where the President has lacked leadership--where it matters most.
	www.proaxis.com /~cop/bba.htm (5605 words)

	CNN.com - House members introduce balanced budget amendment - Feb. 13, 2003
		A group of House members introduced a balanced budget amendment to the U.S. Constitution on Thursday, arguing that recent deficits demonstrate Congress doesn't have the discipline to balance the budget on its own.
		To win passage, the amendment would have to clear both the House and Senate by two-thirds margins and then be ratified by three-fourths of the state legislatures.
		The last time a balanced budget amendment came up for a vote, in 1997, it came one vote short in the Senate.
	www.cnn.com /2003/ALLPOLITICS/02/13/budget.amendment.ap (444 words)

	Adminstration Steps Up Fight Against Budget Amendment (Site not responding. Last check: 2007-10-14)
		The study is part of an effort by the White House to refocus public attention away from the universally popular idea of balancing the budget and to concentrate instead on what the administration says would be the dire real-world consequences.
		He called the balanced budget amendment "the ultimate sham," with "a considerable number of people in the country and in the Congress favoring the amendment, virtually all of whom oppose the specific steps necessary to bring about compliance."
		The study showed five scenarios for balancing the budget: combining tax increases and spending cuts; cutting spending across the board; cutting spending but sparing defense; cutting spending but shielding Social Security; and cutting spending but exempting defense and Social Security.
	www-tech.mit.edu /V114/N6/long5.06w.html (434 words)

	Balanced Budget Amendment to the Constitution
		This amendment would shift the control of the purse away from the people through their elected representatives in the legislative branch, and shift it to the executive and judicial branches, and, to that extent, our representative democracy would be diminished.
		The seductive simplicity of the amendment is such that it will probably be ratified by the States within 1 year or 2 if Congress adopts it, but the disillusionment that would follow its failure to bring about a balanced budget would surely attach itself to the Constitution.
		Take away the checks and balances, which could be the result of this amendment; take away the separation of powers, which could be the result of this amendment; and then we will no longer have a government of the people, by the people, and for the people.
	byrd.senate.gov /speech-bba2.htm (7530 words)

	Istook gets vote this year=The Hill.com= (Site not responding. Last check: 2007-10-14)
		The promised vote on the balanced-budget amendment comes as part of a larger apparent effort by the Republican Party to return to its roots of fiscal conservatism in the face of record budget deficits piled up by the Bush administration.
		A Republican Budget Committee aide and a Democratic leadership aide said GOP leaders are expected to bring up a budget-enforcement bill next week that includes pay-as-you-go limits for entitlement spending and caps for discretionary spending.
		A vote on a balanced-budget amendment would be the result of the quiet yet persistent efforts of Istook, an influential conservative and founder of the Republican Study Committee, a group of some 90 conservative lawmakers.
	www.hillnews.com /news/060204/istook.aspx (1074 words)

	Online NewsHour: Balanced Budget Amendment -- February 26, 1997
		KWAME HOLMAN: The balanced budget amendment fell one vote short of the necessary two thirds of the Senate needed to pass a constitutional amendment.
		KWAME HOLMAN: Landrieu thus became the 11th Democrat to announce support for the balanced budget amendment, but even with all 55 Republican Senators pledging their support, the amendment still was one vote short of the 67 needed for passage.
		ROBERT TORRICELLI: All doubts concerning amendments to the Constitution of the United States must be settled in favor of leaving the genius of the founding fathers undisturbed.
	www.pbs.org /newshour/bb/budget/february97/budget_2-26.html (1783 words)

	Balanced Budget Amendment Drop Sheet (Site not responding. Last check: 2007-10-14)
		Some of them have been long time BBA boosters while others are later converts agreeing with the sentiments of our Advisory Council Co-Chairs Senators Rudman and Tsongas who call the amendment "a bad idea whose time has come.
		We believe that a balanced budget -- a zero deficit -- can be readily achieved by 2002 through gradual, fair and reasonable measures.
		Congress and the President are not likely to balance the budget without a constitutional amendment.
	www.concordcoalition.org /issues/fedbudget/old-doc/bba_drop.html (478 words)

	Support the Balanced Budget Amendment (Site not responding. Last check: 2007-10-14)
		The text is identical to the Balanced Budget Amendment to the Constitution approved by the House of Representatives in 1995, as part of the "Contract With America", but which failed twice in the Senate by a single vote.
		This amendment includes language allowing for emergency spending when our nation is faced with an imminent and serious military threat to national security.
		A balanced budget amendment will do one of two things: It will either restrain spending or it will result in a tremendous increase in taxes to fund programs that people "want".
	www.freerepublic.com /focus/f-news/977441/posts (1163 words)

	Online NewsHour: Balanced Budget Amendment, Upcoming Vote -- February 7, 1997
		Thereafter, a 3/5 vote in both the House and Senate would be needed in order for Congress to waive the balanced budget requirement and spend more than the Treasury has and in order to raise the debt ceiling, the amount of money the government is allowed to borrow.
		The fact of the matter is, is that we believe that there are thousands of items in the federal budget that are important that are included within the balanced budget amendment's purview, none more important than Social Security, and it should be included as well.
		JOHN BREAUX, (D) Louisiana: The fact that the President has now proposed a balanced budget himself and has shown that it can be done without having a constitutional amendment requiring it to be done I think gives a lot of people reason to say, look, we can do it without the constitutional amendment.
	www.pbs.org /newshour/bb/budget/february97/budget_2-7.html (1433 words)

	Patriot Petitions
		That amendment and reform will force Congress to either make dramatic cuts in government spending or enact enormous tax increases to pay for the current distended and mostly unconstitutional government budget.
		A Balanced Budget Amendment, combined with real tax reform -- namely, a flat or national sales tax with deductions and exclusions -- will result in a reduction in government spending.
		This amendment to restore the "original intent" of our governing constitution is, without question, the most important amendment proposal in the history of our Republic.
	patriotpetitions.us (1184 words)

	Balanced Budget Amendment FAQs and Answers
		A.: Nothing less than an amendment is sufficient to stop more mountains of debt from piling up.
		Everyone who is aware of the balanced budget convention idea understands full well that the convention is being called for one reason.
		The founding fathers wisely wanted checks and balances on Congress, so that we the people through our elected state leaders could amend the constitution if Congress did not face up to its plain responsibility.
	www.federalbudget.com /faq.html (911 words)

	Balanced Budget Amendment Special Report Series - 1/16/97 (Site not responding. Last check: 2007-10-14)
		The Center on Budget and Policy Priorities has released a series of analyses offering new perspectives on the problems of the constitutional amendment requiring a balanced federal budget.
		A Legacy of Debt?: The Balanced Budget Amendment and the Next Generation
		Balanced Budget Amendment Would Significantly Increase Risks of a Government Default
	www.cbpp.org /bba.htm (130 words)

	[No title]
		Pass a budget reconciliation package, to rein in auto-pilot spending which has risen from 25% of all federal spending in 1963 to 54% today, and is expected to reach nearly 60% in 2014.
		Pass ethics reform that requires transparency and earmark reform which permits Members of Congress to strike earmarks on the House floor.
		Pass the Marriage Protection Amendment, to ensure that marriage, the union of one man and one woman as husband and wife, is not redefined by activist judges.
	www.house.gov /pence/rsc/doc/022806_RSC_TOPTEN.doc (254 words)

	Patriot Petitions - A Balanced Budget Amendment... and Tax Reform to Match
		We, the people of these United States, rightfully petition our President, House of Representatives and Senate to proffer a Balanced Budget Amendment to the Constitution, coupled with the enactment of the tax system overhaul Republicans promised.
		A Balanced Budget Amendment, combined with real tax reform; namely, a flat or national sales tax with deductions and exclusions, will result in a reduction in government spending, as American taxpayers will not tolerate bearing the burden of the actual cost of government.
		We call on Republicans -- our President and Congress -- to make such legislation the new priority in Washington, ushering in a new era of restraint, responsibility and respect for the constitutional limitations of government.
	patriotpetitions.us /budget (350 words)

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