Balanced Budget Amendment
Democratic leaders from the House of Representatives held a news conference to declare their support for a constitutional amendment mandatin… read more
Democratic leaders from the House of Representatives held a news conference to declare their support for a constitutional amendment mandating a balanced federal budget. Sen. Simon, chief Senate co-sponsor of the proposal laid out several reasons for the passage of such an amendment, including the eventual growth in GNP guaranteed with a balanced federal budget. The legislators spoke in front of a large mural made up of thousands of pictures of children, who, it was said, would inherit the deficit if a balanced budget amendment was not passed. close
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