there are 18 pending proposed amendments to the Constitution that purport to be balanced budget constitutional mandates.
If a BBA allows revenues to creep up to current levels of spending, then the weakened version of a BBA will, in effect, grease the skids for massive tax hikes on all Americans to balance the budget at President Obama bloated levels of spending.
Curtis Dubay of The Heritage Foundation wrote on March 21, 2011 current spending is at a pace at about 23% of the economy.
Members know that even a weakened version of a BBA has little chance of passing; therefore it makes no sense for conservatives to negotiate against themselves on the language to be inserted into the Constitution for the purposes of limiting the size and scope of the federal government.
The lack of any enforcement mechanism in current proposals to amend the Constitution to require a balanced budget could result in the transfer of power over fundamental political questions of taxing and spending to the courts.
The line item veto legislation currently pending before Congress would increase the government's ability to reduce the deficit; unlike the balanced budget amendment proposals, however, it would do so in a manner that would not disrupt the basic structure of our government. The Leading Proposals I will begin by briefly summarizing the two leading proposals that I have been advised are of particular interest to your committee: Senate Joint Resolution 1 and House Joint Resolution 1. Congress would be allowed to waive these requirements "for any fiscal year in which a declaration of war is in effect . Mandating that Congress "shall adopt" a balanced budget will not assist Members of Congress to reach an agreement on how to balance the budget.