Debt Deal & the Balanced Budget Amendment

By: Curt Levey (Diary)  |  August 1st at 06:21 PM  | 

Because a Balanced Budget Amendment (BBA) is the only type of budget reform capable of binding future Congresses, it is disappointing that the pending debt ceiling bill does not contain the Boehner bill’s requirement that a BBA be approved by Congress and sent to the states.  However, there is some good news for BBA supporters in the bill (the Budget Control Act of 2011 or | Read More »