House Rejects Balanced Budget Amendment Proposal

[Locutus]

The U.S. House of Representatives rejected a proposal Friday to amend the Constitution to require a balanced budget, seen by many as the only way to force lawmakers to hold the fiscal line and reverse the flow of federal red ink.


The 261-165 vote, though a clear majority, was 23 votes short of the two-thirds required to advance a constitutional amendment. Democrats voted overwhelmingly against it, apparently swayed by the arguments of their leaders that a balanced budget requirement would force Congress to make devastating cuts to social programs.




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Balanced budget amendment comes up short in House vote - TheHill.com


House Rejects Balanced Budget Amendment Proposal | Video | TheBlaze.com

 

[WLDB]

You can change all the laws you want, it's not going to do anything unless the people in charge want it to. They've ignored their constitution before.

 

[Highball]

This is a clear signal that the Congress is no longer interested in solving the fiscal solvency issues. Only thing they want now is more money to blow on frivolities. I wonder if Barney Frank will put his Escort Service on the Stock market yet? Maybe Maxine Waters will open a Mortgage Help Counseling business too?

 

[PoliticalNick]

Why am I not surprised by this vote. Why am I not surprised that they would cut important social programs ahead of so much pork-barrel stuff. Why am I not surprised.....how could they propagate all the wars and give the wall street execs billion in bonus money if they had to balance the budget.8O