(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.
Blah,blah,blah. They want to cut taxes again too. He should listen to them just as much as wingnuts listen to him,not at all
Well STOP BLOCKING all the policies coming from Washington. The republicans have no desire for the economy to pick up, they are going to block and stall every thing in the name of fiscal spending all the way to election day.
Obama / Biden 2012 / Hillary 2016
What's the point? Even if Obama started pushing for a balanced budget amendment, as soon as he does so the Republicans would immediately turn against it.
The lack of knowledge that Republicans show with regard to creating jobs just boggles the mind. Cutting spending will not create jobs, it will reduce them. Cutting spending might be a laudable long term goal, but if you do it now it will probably result in a recession, and possibly a depression.
The balanced budget amendment is ridiculous. The common example used by Republicans to justify it is that, just like a household, a country must not spend more than it takes in. Well, many households have years where they go out and borrow money so that they can spend more than they take in. It's called getting a mortgage, or buying a car, or sending your kids to college, or dealing with a family emergency - not every year is revenue neutral. Maybe those who use household budgets as a means to justify political positions should first understand how household budgets work.
End Bush Taxes, and Tax the Rich who make more than250k. You win....buddy...good luck....I know, GOP and Tea thugs give hard time....good luck....
funny but most people who cry about taxes pay checks in one way or another comes from taxes
I suspect there will be no response from POTUS on this–how do you oppose a balanced budget-with a straight face??
Why would he adopt the balanced budget amendment that is ruining states? LMAO! Stupid Republicans!
People, please stand WITH THE PRESIDENT AGAINST THESE IGNORANT REPUBLICANS AND VOTE THEM OUT. Give Obama a congress he can work with in 2012!
boner needs to get a spine and tell the teatards that they are destroying the country by wanting the President to fail. Corporations, those new "people", have million of dollars and they can hire they just don't want to do it because that would mean the economy will recover and the President will be elected in 2012.
This is what is all comes down to. CEOs of the big companies make more money in a year than they pay in taxes. The people who work for them, the little guy, make less in a year than these folks make in a day,
reagan started this mess with the deregulation of companies during his sleep over at the WH. The down spiral continues.
this has no chance of passing at the state level it is a big waste of time ! they need to work on jobs !
And if he did, Republicans would immediately do the mother of all flip flops, opposing a banced budget amendment.
President Obama needs to understand that the REpublican leadership is as good as their word, McConnell said their only objective was to turn Obama into a one term President. Rush hopes for a failed Presidency. Boehner weeps.
President Obama needs to forget about bipartisanship (which, in Republicanspeak means doing it our way), flip the bird at the right and propose a jobs program that worked in the thirties and will work again. It may not see the light of day, but it could cause mass coronaries among Tea Baggers.
I am voting for this president......no change in my decision...period.
There are times we need a balanced budget, and times we need the federal government to run a deficit. Slashing federal spending during a recession with high unemployment is a sure way to bring on the Second Great Depression. It's exactly how we caused the first one. What the GOP calls a Path to Prosperity is actually Descent into Third-World America. No thank you, GOP, you've done more than enough for us already!
Smart sane people understand that the BBA is a concept that denies government certain tools to deal with economic problems. Naturally, the GOBPbaggers are more concerned with caring for the greedy and not the needy, or the rest of us for that matter. Score another for the "party before country" crowd of losers and lunatics.
No no no really just no to the amendment!
Blame, blame, blame. That's all this president does. We have not had a good president since Reagan & before that – Kennedy. The current occupant of the white house is way over his head. For all the hope & good will he was espousing during his campaign, he has shown very little of any. Absolutely ZERO leadership. We need presidents (i.e. above) who are optimists and can LEAD the American people forward – no matter what the political climate. This president makes it sound like he is the ONLY president who has had to face a congress in gridlock. I suppose he believes that the dems were in complete support of G. Bush 100%. Welcome to the 2 party system Mr. president. Get over yourself & start leading as a president should. You have fallen WAY short of what you & your supporters thought you would do.
Eff you and your demands, GOP, bunch of America-hating Anarchists. Go to Hell where you belong!
And even if it is passed... the Republicans will remove it as soon as they are eventually back in control of congress. If it weren't for Republican spending and their own failure to get this balanced budget amendment when they were in power (remember... deficits, even record deficits didn't matter as long as W. was in office) we wouldn't be in record deficit territory now.
AH SHUT UP...... I'm so sick of of these GOP demands...
Where are the jobs the REPUBLICANS and TEA BAGS promised? What jobs bills have they sponsored so far? ZILCH NADA NOTHING.
So shut the hell up....
How about you idiots in Congress just have enough courage to do your JOBS!! You're the ones who control the purse strings....
If we really need a LAW to make you do your job, we should be able to put you in JAIL for not doing it, right? If that's the trade you want to make to get a balanced budget amendment, I'd be willing...
Repubs rep forgets raising the tax rates on incomes over $250k.Taxes are now lowest in 50 years,remember your own saying ,READ MY LIPS,NO NEW TAXES,tax hike on middle class nothing on upper 1%...Where is YOUR JOBS,JOBS,JOBS line you all ran on in November,forget you hypocrites....Quit standing in Mr.Obamas way and help him lead,not like that McConall said he'd make sure Pres was one term .McConall ,if you remember bought his election,a fact in the state of Kentucky.You remember the damage you and the teabaggin jackasses cause will come back to bite ya in your rear ,remember,we don't forget,what goes around comes around.You will be looking for jobs,jobs,jobs...That's are BALANCED BUDGET.....
Obama, don't do it. This is what the Tea Party wants, not the rest of the general population. IF they win the presidency next time around, then the far right can try to push their far right agenda on the rest of us.
“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." HA! WHAT A LOAD OF CRAP!!