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Lawmakers Prepare for Showdown Over Balanced-Budget Amendment [ Occupy to oppose & be proven fake ]
Fox News ^ | Nov 18 2016 | Fox News

Posted on 11/18/2011 8:00:52 AM PST by NoLibZone

Conservatives are rallying in support of a balanced-budget amendment in the run-up to a Friday vote, warning fellow lawmakers that it's just about the only way to ensure Congress follows through on vows to cut spending.

The debate comes the same week the national debt crossed the $15 trillion mark. The milestone was a timely reminder of Washington's hard-to-break habit of spending way more than it takes in.

As a bipartisan committee remains stuck on how to cut $1.2 trillion from the 10-year deficit, lawmakers skeptical about the government's fiscal track record pushed Thursday for the amendment.

"We need a fiscal fix that will last for generations," Rep. Lamar Smith, R-Texas, said. "If we want to make lasting cuts to federal spending, a constitutional amendment is the only solution. It is our last line of defense against Congress's unending desire to overspend and overtax."

Republicans earlier this year took up the rallying cry of "cut, cap and balance," the nickname for their budget plan to cut spending, cap future spending levels and back a balanced-budget amendment.

The Democratic leadership is actively urging its members to vote against the amendment, and the White House has come out strongly against it. Democratic Whip Steny Hoyer of Maryland, who voted for the measure in 1995, is leading the effort to defeat it this time.

(Excerpt) Read more at foxnews.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: balancedbudget; ows

1 posted on 11/18/2011 8:00:53 AM PST by NoLibZone
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To: NoLibZone

Occupy will support the DNC’s opposition to balance- thus proving the movement is 100% partisan and 100% fake.


2 posted on 11/18/2011 8:02:24 AM PST by NoLibZone (Occupy- Proof we are right - They beg for retrun of morality that the left removed from society.)
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To: NoLibZone
My apology, if this does not fit in with the discussion. Heard, total worldwide debt is approximately 630 trillion. Since we are the world's leader, is someone cooking our books and the 15 trillion we are informed of is a low ball nonstarter? Probably. After all, Congress wouldn't lie to us.
3 posted on 11/18/2011 8:07:24 AM PST by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen. --> AmeriCain)
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4 posted on 11/18/2011 9:25:39 AM PST by RedMDer (Forward With Confidence!)
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To: NoLibZone

The Democratic leadership is actively urging its members to vote against the amendment, and the White House has come out strongly against it.

Democrats still helping America. /s


5 posted on 11/18/2011 9:29:10 AM PST by Vaduz
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To: Vaduz

Well, if the White House is against it, I’m for it.

However, just HOW will the Congress bring our never-discussed, never-approved budget into “balance”?

Won’t Democrats just say the amended Constitution now REQUIRES “automatic” tax rate increases?

When they do ay that, won’t our GOP big spenders display sad faces to public -— and — well out of sight — just “party-on”?


6 posted on 11/18/2011 10:52:14 AM PST by pfony1
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