As the chart below shows, from 1791 to 1929 the federal government balanced its budget in 68 percent of the years. "It truly has been, I think, an historic moment for the country. A balanced federal budget is such a reasonable, common sense proposal that anyone opposing it can not have America’s best interest at heart. 8. I agree with the need to press in for a balanced budget Fed and Treasury keep printing money and we keep seeing prices go up. 4. transfers the national wealth to international lenders. All people need rules to live by and the BIBLE is the best rule book in the world. I agree – and thanks for keeping historical accuracy at the forefront of the fight to preserving our Republic! I forget who said it first, but Sunshine is the best sanitizer of corruption. I’ve been told if I had that requirement today, I’d be stopped. The fact that the obvious is ignored by polititions is all telling. The BBA will not solve our current fiscal issues. The real problem is, there are too many out there that don’t want our problem solved. BEWARE AS THIS WHOLE DEBT CEILING THING IS PLAYING INTO OBAMA’S HANDS. 1973 new house 20K, new car 3K. The Republicans are already trying to get around it–coming up with some BS figure of 2.2 Trillion in cuts, then being held to the fire by the Tea Party, and now Mitch McConnell comes up with a trick to bypass the Amendment. Amendments to the constitution are just a dangerous distraction. Those early Americans were right about debt freedom. The covetousness of this kind of power is pure evil. There have been over ten thousand attempts to amend the United States … The FED has no control or limit and the wasteful spending is beyoung reason. By overriding the tax-uniformity clause in article 1, section 8 of the Constitution, the 16th Amendment served to open the doors to political class-warfare in America. They do not have my permission to use my money for wasteful, frivolous, things. Democrats want to keep them ignorant. Isn’t the market just a price like any other? The Balanced Budget Amendment The balanced budget amendment failed in the Senate on March 4, 1997, by one vote -- the same margin of failure as during the 104th Congress. We, (senior citizens) did not cause the debt, the deficit, or any of the other fiscal problems. The best thing we can do is to stubbornly resist all the devious lawyer bait and switch agendas tactics that always react to the simple and the true solutions. WELL-BEING AT HEART. AD Congressional Democrats were quick to rip into the GOP over the proposed amendment. Remember, even after Perot brought the BB Amendment to the forefront, the Republicans used the issue to try to win the election but afterwards Bob Dole pulled some parlimentary procedural trick to keep it from never being voted on again. Also, the 1935 creation of Social Security launched the government into the era of “entitlement” spending, which is spending that is on automatic pilot. Can Congress or the President explain how we can borrow ourselves out of debt? Also it makes no sense to have a balanced budget if government can increase taxes indiscriminately under the current carrot & stick approach. I think we all are being lead into a false feeling that a BBA will solve the nation’s fiscal problems. Heritage – Please issue a detailed critique of the bill to provide us an accurate study of the truths. One cannot merely copy balanced budget requirements from state If you make spending Constitutional by adding a balanced Budget Amendment ultimately the courts will be the final judge of how our money is spent. How about this, I could pass on a balanced budget if! Unnecessary! Every budget year since then is an increase until we are now at $16,000,000,000,000 which is an ever increasing percentage of GDP. A balanced budget would force them to limit the spending to a % on the GDP. CNN’s Virginia Nicolaidis and Deirdre Walsh contributed to … from Maryland was on Fox this morning claiming the balanced budget part of the Republican sponsored “Cut/Cap/Balance” bill contains “goofy” voting requirements. The House passed a balanced budget amendment in 1995, but the measure fell one vote short in the Senate in both 1995 and 1997. Constitutional Balanced Budget Amendment Poses Serious Risks Would Likely Make Recessions Longer and Deeper, Could Harm Social Security and Other Trust Funds By Richard Kogan A balanced budget amendment to the U.S. Constitution would be an unusual and economically dangerous way to address the nation’s long-term fiscal problems. In then government will have, through our own personal choices Foundation, conservatives React Trump-Pelosi! Have ever learned from history serious effort in this regard having to raise taxes to balance the on. 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