Posted on 07/13/2011 5:45:47 AM PDT by Libloather
Balanced budget amendment headed to House floor next week
The Daily Caller – 15 hrs ago
A balanced budget amendment will be considered on the House floor next Wednesday, The Daily Caller has learned from a senior GOP source on Capitol Hill.
House leadership gave the amendment its stamp of approval, when House Speaker John Boehner laid out three conditions for any deal on the debt limit to reporters Tuesday. Republican freshmen have been pushing the balanced budget issue for weeks. (Dems: We couldn’t attack Republicans if we agree to Medicare cuts)
“The spending cuts have to be larger than the increase in the debt ceiling,” Boehner said. “Secondly there are no tax increases on the table. And thirdly, we have to have real controls in place to make sure this never happens again. Real controls like a balanced budget amendment.”
The more conservative wing of the Republican caucus latched onto the balanced budget amendment early in the debt limit debate, arguing that it needed to be tied to any debt reduction deal. Supporters argue the amendment would lock in spending cuts for future Congresses.
(Excerpt) Read more at news.yahoo.com ...
I don’t see any problem in this passing the house. The senate under Weed, er Reid’s leader ship will be tough to crack given the number of RINOs still there. The pisadent will work though the senate to stop it from passing. He cannot veto it as this goes directly to the states if passed by 2/3s in both houses.
IMO, the igger question is whether or not the RINOS in the House will support it. We've had balanced budget amendments before and they have all withered on the vine. The current battle over the debt ceiling is an outgrowth over a previous balanced budget amendment. Once Congress voted to increase the debt ceiling the first time, it became just another administrative hurdle they had to cross to spend more money. As we see, it's no big deal to them.
At least, not until now. Now, they have so overspent what America has, that they have jeopardized our financial house and brought us to the brink of becoming the next Greece. Clearly, the responsibility of the House to control America's checkbook is not taken very seriously by America's elected panderers!! We need another way to control how the money gets spent, and it CAN'T be by politicians.
Put the pressure back on the RATS. The election isn’t that far away.
The states can do their own law enforcement, and also take their own trash to the garbage. and the tax can be collected at the cash register.
I have not read the amendment. Does it limit government spending as a percentage of GDP? That’s really what is needed here.
Force the Dems to vote against it...let them wear the deficit around their necks going into the next election.
The only way, IMHO, to get this amendment into the Constitution is for it to start in the state legislatures.
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