Balanced Budget Amendment Alternative
1997-01-28T22:25:19-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNzhjXC8xOTk3MDEyODIyMjU0MzAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Senate Democrats announced that they are offering a different Balanced Budget Amendment than the Republicans, led by Senator Hatch, are offering. The primary difference between the two proposals is that the Democratic proposal exempts Social Security revenues from budget calculations. They stressed that current Social Security surpluses should be saved for the retirement of later generations and that using them to balance the budget is not fair to the public.
Senate Democrats announced that they are offering a different Balanced Budget Amendment than the Republicans, led by Senator Hatch, are offe… read more
Senate Democrats announced that they are offering a different Balanced Budget Amendment than the Republicans, led by Senator Hatch, are offering. The primary difference between the two proposals is that the Democratic proposal exempts Social Security revenues from budget calculations. They stressed that current Social Security surpluses should be saved for the retirement of later generations and that using them to balance the budget is not fair to the public. close
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