“Balanced Budget Amendment” on The Daily Caller

What a week. (more)

WASHINGTON (AP) — Rejecting the idea Congress can’t control its spending impulses, the House turned back a Republican proposal Friday to amend the Constitution to dam the rising flood of federal red ink. Democrats – and a few GOP lawmakers – said damage from the balanced-budget mandate would outweigh any benefits. (more)

Voters believe Washington needs to stop spending money it doesn’t have, and their frustration doesn’t end there. According to Resurgent Republic’s most recent survey, voters say the economy (61 percent) and the federal government’s finances (67 percent) have gotten worse on President Obama’s watch. Overall, 70 percent of voters say the country is on the wrong track, including 77 percent of Independents. (more)

Wall Street is downgrading America’s sovereign credit rating because political gridlock means that Washington won’t be able to solve our financial problems any time soon. It’s all thanks to the transformation of one of our two political parties, a transformation that has paralyzed Congress and made the country’s entire balance sheet hostage to an uncompromising and unrealistic ideological fringe element. (more)

Our national hue and cry about balancing the federal budget is nothing new. Balanced-budget-amendment proposals emerge, cicada-like, about every 13 years. After 15 minutes of fame, they typically go underground again. (more)

If a balanced-budget amendment were to pass the House and Senate with the necessary two-thirds approval, is there any chance it could get ratified by enough state legislatures to become a part of the Constitution? (more)

Liberals are trying to kill the prospect of a balanced-budget amendment (BBA) in the ongoing battle over the debt ceiling. Some on the right respond that they might settle for a “clean” BBA. But there are two types of clean BBAs, one of which would be worse than no BBA at all. (more)

House Majority Leader Eric Cantor (R-VA) said late Friday that the House will “likely” vote on a balanced budget amendment to the Constitution next week, The Hill reports. (more)

“The American Dream,” said Ronald Reagan, “is not that every man must be level with every other man. The American Dream is that every man must be free to become whatever God intends he should become.” (more)

Democratic senators on Wednesday said that the Republican Cut, Cap and Balance Act isn’t going anywhere in the Democratic-controlled Senate. (more)

The House GOP leadership might have scheduled a vote on his version of the balanced-budget amendment next week, but Illinois Rep. Joe Walsh has a problem with the timing. (more)

Senate Minority Leader Mitch McConnell has signed on to co-sponsor the Cut, Cap, Balance Act, The Daily Caller has learned. (more)

America’s debt bomb is ticking. No one knows for sure when, but at some point in the next couple of months it will go off unless Congress and President Barack Obama can reach some kind of agreement that raises the debt ceiling. (more)

A balanced budget amendment will be considered on the House floor next Wednesday, The Daily Caller has learned from a senior GOP source on Capitol Hill. (more)

With the outcome of the debt ceiling debate still uncertain, some Republican members of Congress are touting a balanced budget amendment to the Constitution as a solution to the nation’s fiscal problems. It takes time, however, to enact a constitutional amendment. (more)

Are you feeling principled today? How about gutsy? Are the wishes of voters — the same voters that afforded you a 2010 landslide victory — at the forefront of your minds? (more)

Four governors joined 28 congressmen and 12 U.S. senators Thursday by signing the Cut, Cap and Balance pledge. The governors are Nikki Haley of South Carolina, Rick Perry of Texas, Sean Parnell of Alaska, and Gary Herbert of Utah. (more)

Recently, a historic press conference detailing the Cut, Cap and Balance Pledge brought together more than 60 center-right organizations and 120 Tea Party organizations to support Congressional conservatives’ plans to cut the deficit and enact serious budgetary constraints. However, leaders of the House and Senate are poised to ignore our demands and keep America on a road to a European-style debt crisis and financial ruin. (more)

Tea Party favorite Sen. Rand Paul is planning a filibuster sometime next week to bring the debt ceiling negotiations to the Senate, the Huffington Post is reporting. (more)

Senate Minority Leader Mitch McConnell of Kentucky began Wednesday the procedural process necessary to put a balanced budget amendment on the Senate’s legislative calendar. (more)