GOP Lawmaker Renews Push For Balanced Budget Amendment

By Staff Reporter
Posted on 03/09/21 | News Source: The Hill

Rep. Mark Green (R-Tenn.), a member of the conservative House Freedom Caucus, re-introduced a constitutional amendment on Tuesday that would require Congress to balance the federal budget.

“America’s national debt now sits at over $28 trillion with no end in sight,” Green said in a statement. “This is a crippling burden that our children and grandchildren will shoulder, yet Congressional spending is out of control.”

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Conservative lawmakers have been pushing for a balanced budget amendment since the mid-1990s.

While the idea is dead on arrival in a Democratic-controlled Congress, centrist Blue Dog Democrats threw their support behind a modified version of the plan in 2019. That version would allow for deficit spending in recessions and times of emergency, reflecting the views of most economists.

Read more at The Hill.