You do realize that a balanced budget amendment with teeth could result in massive tax increases, right?
And a massive tax increase could lead to a national movement toward dramatically smaller government with far fewer social programs.
Dude, taxes will be raised and programs will be cut as appropriate and as political power shifts during normal election cycles. This is what a balanced budget does......it forces all of us to make decisions like adults.
Believe it or not, that would be a good thing. Right now, a lot of spending is tolerated simply because the average LIV thinks someone else is paying for it. If the real cost of these programs had to be paid in full in real time, the taxes that would be required would hit the vast majority of voters. THAT is how you get these programs ended - by making the voters feel the effect in their pocketbook.
“You do realize that a balanced budget amendment with teeth could result in massive tax increases, right?”
Only if everything that’s currently in the budget stays there. Otherwise, it could result in massive tax reductions.
Yeh!
Not if it prohibits tax increases.