(CNN) – Republicans want President Barack Obama to demand a balanced budget amendment in his upcoming jobs speech to Congress.
“This would ensure spending cuts made today don’t easily disappear tomorrow,” said Virginia Rep. Bob Goodlatte in the GOP weekly address Saturday. “That doesn’t just mean a fiscal house in order; it also means more certainty for the private sector and a better environment for job creation."
Goodlatte said the federal debt, totaling more than $14 trillion, holds Americans back from work through barriers such as “burdensome mandates and regulations,” restrictions on American energy production, and tight free-trade agreements.
A balanced budget, he said, would ensure that Washington spends within its means, therefore providing a stronger environment for investment and job growth.
When Congress passed the debt bill in the first week of August, it included a provision that both chambers vote on a balanced budget amendment this fall after a 12-member congressional “super committee” proposes $1.5 trillion in cuts.
Goodlatte said the vote will need bipartisan support and encouraged the president to push for the amendment in his September 8 jobs speech.
“This Labor Day, America’s workers are right to ask where the jobs are. You deserve better answers,” he said. “The policies coming out of Washington aren’t getting it done.”
A constitutional amendment requires the approval of two-thirds of both houses of Congress before it’s sent to the states, 75 percent of which - or 38 - must approve for it to be ratified.
Same old tired GOP rhetoric....govt regulations are stifling economic growth as well as the govt is too big and needs to be shrunk in size. It makes no sense to me. Our govt is the largest purchaser of goods and services in the private sector. And businesses need to hire additional workers to comply with govt regulations. The GOP plan for job growth is illogical.
President Obama has already made it perfectly that we do not need an amendment to the Constitution. We need responsible Congressmen who will do their job which includes being fiscally responsible. We got a balanced budget under Bill Clinton without passing a Constitutional amendment. Another GOP gimmick.
This is another attempt by Gop/teabaggers to cut off funds for Social Security and Medicare. In the one passed by the House, voting requirements are skewed. Takes a simple majority to cut funds to Social Security and Medicare, but it will take 2/3 to cut off corporate welfare. You learn what is really in a bill when you watch the Rules Committee the night before the voting.
A balanced budget amendment would prevent the US from flexing to handle catastrophic events. For example, if California suffered an earthquake of epic proportions, followed by an enormous tidal wave often associated with those events, would we be forced to choose between running the government and providing aid? Creating rules because our politicians can't be trusted tells us more about politicians than anything else. The same applies to the pledges the Republicans have made so popular. Can't they make decisions after weighing the options? If the answer is "no", they shouldn't be placed in leadership positions!
Why don't we instead create an amendment to require all wages for the Congress to cease on October 1st if they fail to produce a balanced budget. The same amendment could allow a recall of the entire Congress if on January 1 they've still been unable to produce a budget – their most basic job. Wouldn't a business fire workers who fail at their most basic requirement?
"Balance Budget Amendments" sound good on paper but thats all. Whet there short-sighted neo-conservatives fail to realize is what do you do when extra-ordinary events happen: usually they give some mumble gumble which makes zero sense. And, since there is n way of telling what the cost of the repair, clean-up or duration od the event will be, budgeting for a "9/11" or a "Katrinia", or an 9.5 Earthquake are near impossible. So to work the Balanced Budget Amendment had to be coupled with a tax Amendment that falls a just about everyone and is not covered by any deducts and is automatic wherein is the humanitian releaf to Texas is $10 billion, taex fall on the citizens to pay that 10 billion off – then the question becomes: How fast?
This Republican simpleton only considers 10% of the issue making a stupid blanket comment that show to all the world he's a Republican simpleton – as are almost aall of the member of his party.
why do republicans feels that they can demand things around here?
If the Republicans get their way over 600 people who depend on Meals on Wheels will not get their meals. Living in a large senior citizen area, it's apparent the GOP's plan would be get rid of the seniors, financial problems solved. No social security, no medicare, no medicaid, it's a windfall for the GOP. The facade of solving the deficit when all they've done is kill of the seniors.
I have lived my whole live in Virginia – and since the days of great liberals like Jefferson, Monroe, Madison & Washington who fought for more equality in education & wealth along with social status (i.e. community organizers) which brought us into the "Age of Enlightenment" – we the people have always struggled with the backward thinking traditionalists and fundamentalists (GOP/tee-baggers) who wanted to retain power with the status quo or even worse move our society back in time when they had more power over others.
And those who want to take Virginia back to the “good old times that never were” have their heroes too ~ Pat Robertson, Falwell, Heritage Society, Koke Bros., Dobeson, Britebart, Beck, Palin, Murdoch, Cuccinelli, McDonnell, Allen, etc.
We will not let them win.
How about a balance budget amendment together with a clause stipulating that the deficit will be reduced in equal parts by cuts in spending and increases in revenues? Or even 2/3 via cuts in spending and 1/3 via increases in revenues? Why stop at a mere balanced budget amendment?
1.5 trillion in cuts to 14 trillion is a pinky finger's nail! The spending of Billions has got to stop. Caps need to be placed on aide distributed. The continued funding of war efforts, the impending transportation infrastructure, and the unused monies overseas need to stay in the coffers or be recouped back! This "super comittee" has to do more than this to scale back super spending without skinning the welfare of the American People. As long as American People are fighting to hang onto their jobs and life savings, as long as American people are without jobs-we as consumers cannot help the economy. As long as Wall Street continues to bomb from risky investment practices because investors have financially backed too many decisions in congress-we are in a whirlwind and will stay in one until decisions can be made and stuck to. Spending debt doesn't get us in a positive situation. Ever.
Asking Obama to consider a balanced budget is like asking him not to take a vacation when he said that he wouldn't rest until he put Americans back to work. Ain't gonna happen. No use wasting brain cells and breath trying to think it's going to happen. Only the crowbar of the American people voting is going to pry this clown out of office. Michelle will be heartbroken and going back to hating America once her free vacations on the tax-payer dime goes away.
Why should Obama push for a balanced budget amendment-The Redumblicans would only vote NO anyway.............
Take a 'balanced budget amendment'
Add a GOP unwilling to tax
equals a 75% cuts to Social Security and Medicare in year 1
People, beware of this......
Push for a balanced responsibility approach for all, especially the HAVES to participate in any way they can to bring the country back in order! I would very much like to hear from the GOP/TP what they are willing to bring to the table. But, of cause, I know – the Haves will not give an extra Penny and the poor and middle class (what is left of it) should subsidize the rich and the corporations (people) and help them to plunder the country. Unbelievable that so many people are to limited as to understand that!
Those baggers are sure stuck on stupid - it would take 10 or more years to RATIFY A CONSTITUTIONAL AMENDMENT (STATES ARE SLOW TO MOVE ON THOSE THINGS - AND OPINIONS WILL CHANGE).
Always "want something" but willing to give nothing. The GOP has made the wealthiest class rich, for which they are and will be rewarded and have worked to do little to nothing for the rest of us. Then they cry for fiscal responsibility. They deregulated laws in place to protect us from predatory financial and corporate activities. They they cry out for fiscal responsibility. They made the president trade tax cuts for the wealthiest of us to get their cooperation to boost programs that help so many Americans. They they cry out for fiscal responsibility for the sake of America. No more than crybabies. SILENCE FOOL!! Virginia Rethuglicans are amongst the worse there are and there are many, make no mistake.
we'd have a balanced budget if these jokers would let the bush tax cuts for the rich expire
A balanced budget amendment is an AWESOME Idea. Now we just need to back our money with something and American business would literally explode in rapid profit over night. This is great news!
I get so angry at these GOP fools "telling" Obama how to balance the budget when they are the ones taking zero accountability for this mess. By their obstructing anything that will help this country's middle class(not just the top 1.5% of their cronies) they are destroying America just trying to take power back. Did it work that last time they had control? Are tax breaks working now? I also remember during the '08 election when some GOP talking points were brought to light. Their strategy was literally to spread fear....and they are experts at that mantra, just listen to Fox "Opinion" sometime. Sorry, I can't call it "news".
So for the past how many decades, republicans and democrats have been adding all kinds of "riders" to bills they shove through congress. These "riders" cost a lot of money and cause the deficit to increase. Yet, now to them the problems are anything but what they did to the country. How long before these nuts in congress get this and I'm talking on both sides of the isle and the ones in the can! If anyone out there thinks a balanced budget would stop this, please don't be fooled. These scammers (aka congress people) will just find a way to go around the balanced budget amendment. Of course, it will be the little person that gets screwed while the banks and corporations rake in the cashola!
Here's an idea: immediately (next tax year) go back to the Clinton era tax rates, deductions, etc. For All! No spending increases above the rate of inflation. Make whatever spending cuts Congress can pass. When the budget is balanced, THEN a balanced budget amendment goes into effect. And then, if we have surplus revenue, reduce taxes.
Congress spends money. If you don't like the way they spend it, replace your Congressman. If you don't like the way other people's Congressmen spend money, Get Over It. I had to put up with W's stupid, immoral war, you can put up with my Clean-Air agenda (if the dems weren't so gutless). Funny, how the God and Family loving right-wingnuts accept senseless war, but hate clean air for their children. Not really funny, kinda sick.
The repugs want to lock in their agenda, and underfunding the Government is their method.
No, President Obama push for Jobs.
No, GOP. You push for it. Every time the Pres supports something the GOP supports, you flip-flop and oppose it just because he supports it. So, if you want a balanced budget amendment, you push for it and MAYBE the Pres will sign it if you get it through both houses.
Why do the republicans want a balanced budget amendment? They have been the big deficit spenders for the last three decades. Kind of incongruous on their part!
Who was it that ran on the platform of creating jobs in the last election? Wasn't it the republicans? WHERE ARE THE JOBS, TURKEYS?
By the time a balanced budget amendment gets approved by the states, all of the current crooked politicians in DC will be dead or retired. But, if Repubs want it, Obama will give it to them at the expense of alienating the few supporters that he has left.