I heard talk of this regarding a balanced budget amendment at Cpac and it is intriguing. The key however will be doing this while we still retain control of most of the State ledglsators and governorship.
This is one good reason why we need citizens to participate in these things. A 'Balanced Budget Amendment' sounds great until one remembers that it must stop the Democraps from spending trillions more while raising taxes to pay for it.
The Democraps have said for years that they have a plan to save Social Security - and Medicare. Has anyone heard what that plan is? 'NO! What it is is: when they go broke the Democraps will wail and cry that we can't let old people starve and die: we MUST raise taxes to meet the crisis.
Here is an economic lesson that you don't need a PhD to learn: If the U.S. economy grows at about 3-5% a year [in the good old days!] and the U.S. Government grows at 8% a year ['base-line budgeting'] how long will it be before the U.S. Government is the whole economy?!!
Ask Karl Marx or Pappa Joe Stalin!!!