Examining Balanced Budget Amendments

By |2018-12-20T20:43:57-08:00July 28th, 2014|Congress, Debt Ceiling, Financial Institutions, Government shutdown|

Posted July 28, 2014 Henry J. Aaron, a Senior Fellow, at the Brookings Institute, testified before the House Judiciary Committee on July 24th, providing five very sound reasons why a Balanced Budget Amendment to the Constitution was not viable solution to the U.S.'s escalating deficits. His summary of his comments is as follows: Balanced budget amendments have been around a [...]

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