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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (31481)1/14/2009 4:40:40 PM
From: DuckTapeSunroof  Respond to of 71588
 
"I have supported a Balanced Budget Amendment for a long time."

Excellent!

It is more important now then ever....

I'd like to start seeing more newspaper articles about it, discussing which politicians are backing it and which ones are opposed --- and which ones are 'phony backers', merely bags of hot air claiming to support it... while actually opposed.

Given the several year's lead-time it likely would require to get the rest of the necessary States ratifications to have the amendment adopted into our constitution we have no reason to delay at all.

For all those folks who'd say (& I agree with them) that: "In the depths of this first economic collapse in half a century, and IMMEDIATE balanced budget cannot be forced"... I'd answer with two quick points:

1) the ratification process will take a couple of years still... even if we begin the push TODAY. So, our economy is likely to be past the worst of this collapse before the amendment could take effect --- exactly at the time it will become most important to have some firm controls on federal spending.

and,

2) the amendment allows for temporary unbalanced budgets (for the obvious but hopefully rare occurrences of War or economic disasters)... but only if the President CERTIFIES and DECLARES such a temporary national emergency (of fixed duration, each declaration...) and the Congress ratifies that declaration of temporary emergency.



To: Peter Dierks who wrote (31481)1/20/2009 5:16:10 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
A problem with a balanced budget amendment is that in the context of entitlement spending being the majority of government spending it can effectively be an "automatically raise taxes amendment".