You said — “I’ve always believed this country would see a military coup to save the Constitution someday. I just never expected to see it in my lifetime.”
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This is one of two methods for proposing amendments for the Constitution — and it happens to be a “Balanced Budget” amendment being proposed. Since the other method is for the Congress to propose an amendment and Congress has not acted on it — this method provides a way for the people to *bypass* Congress and propose the amendment themselves.
It still has to be ratified by 3/4 of the states.
And, as such, as it is being done — it is a Constitutional process in and of itself...