A Balanced Budget Amendment: Still a Terrible Idea

Feb. 19 (Bloomberg) -- Frustrated by the persistence oflarge deficits, and alarmed by the long-term gap betweenspending and revenue, congressional Republicans are promoting aconstitutional amendment to require balanced budgets.

Representative Trent Franks, an Arizona Republican, tellsme that an amendment is a simple, easily understood way “to putthis government back in its proper role.”