Posted on 09/29/2017 4:20:29 PM PDT by Jacquerie
“The only thing close to consensus as an amendment is balanced budget and that’s only because everyone still has their own idea about how it will work.”
******
Bingo.
Fiscal conservatives view a balanced budget amendment as a means to cut socialist spending and rein in FedGov by reducing the power of the purse.
In contrast, the establishment views a balanced budget amendment as a means to raise taxes to match spending by the leviathan. It’s the perfect mechanism to blame for runaway spending instead of the who are politicians voting for both the discretionary spending and the related mandatory tax hikes.
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