Washington (CNN) - The Republican-controlled House of Representatives is scheduled to vote Friday on a balanced budget amendment to the Constitution - a key component of GOP leaders' plan to end the federal government's spiraling deficit spending.
The vote on the amendment was agreed to by both parties over the summer as part of the agreement raising Washington's debt ceiling. Democratic leaders, however, are vehemently opposed to the idea, arguing that it would force the government into an economically destructive cycle of massive spending cuts.
Balanced budget amendment is not going to pass. It needs two-thirds vote in both the House and the Senate. Then it needs ratification by three-fourths of the states. Republicans don't have two-thirds vote in the House. If Republicans follow your plan, they will be out of work after 2012, just like you, and the Bush tax cuts will expire at the end of 2012, which will go a long way toward balancing the budget. If Republicans attach the balance budget amendment to every bill, they will not pass any bill. This will mean that the doc fixes will expire at the beginning of 2012. If both of these things happen–the Bush tax cuts are allowed to expire, and Congress does not pass more doc fixes–Congress can just sit on its hands and the deficit will disappear by 2016. The super committee will not need to come up with 1.2 trillion in cuts.
like the republicans say we can take it out latter, remember cheney-budgets don,t madder
Fair is Fair wrote:
Nice straw man arguement, Rudy Walton. We've come to expect no less.
Thank-you once again for conceding defeat by attacking my character and not my facts. I've come to expect no less.
"It’s about time; the Republican should put the balanced budget item onto every piece of legislation until it is passed. The Republican should also include an item to limit spending to 18% of GDP."
That would be great way to lose big in the next elections. Do you honestly think the Republicans are going to win over the independents (like me) by going MORE radical? Seriously?
It's time the 1% PULL THEIR WEIGHT. No more WELFARE FOR THE RICH!!!