And now for something different: Democrats call for balanced-budget amendment A bevy of lawmakers in Congress alarmed by soaring deficits are calling yet again for a constitutional amendment to balance the federal budget — but this time it’s Democrats.
The so-called Blue Dog Coalition of moderate Democrats on Tuesday endorsed an amendment that would require Washington to balance the budget except in case of war or recession.
“At a time when we face $1 trillion annual deficits, and both parties punt on even trying to pass a budget blueprint, we need to consider a new structure to force fiscal discipline,†said Rep. Ben McAdams of Utah. “With this bill, I’m saying let’s stop ignoring the issue and start talking about how to address it.â€
Fine sentiment, of course, especially with the U.S. national debt at a record $22 trillion and rising. Yet the proposal is sure to suffer the same fate as every other balanced-budget bill in the past decade proposed by conservatives. It won’t go anywhere...........
https://www.marketwatch.com/story/and-now-for-something-different-democrats-call-for-balanced-budget-amendment-2019-04-09?mod=mw_theo_homepage