The Fight for the Balanced Budget Amendment

under consideration is something called the Cut, Cap, and Balance Act, which would condition an increased debt limit on the House and Senate passage of the BBA.


Washington remains embroiled in debt limit negotiations as Republicans and Democrats stand apart on how to best go about increasing the amount of money the government can borrow and spend. But on the sidelines, another debate simmers over one amendment to the U.S. Constitution that could have averted today’s spending debacle: the balanced budget amendment (BBA).
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