“Balanced Budget Amendment” on The Daily Caller

As The Daily Caller reported on June 23, House Majority Leader Eric Cantor intends to let the House vote on a balanced budget amendment to the U.S. Constitution. The vote is scheduled for the week of July 25. (more)

House Majority Leader Eric Cantor of Virginia said in a statement Thursday, that the House of Representatives will vote on the balanced budget amendment sponsored by Rep. Bob Goodlatte, also of Virginia. (more)

In 2008, the American people elected Barack Obama to be our 44th president and we were told it was an historic moment. And so it was, but Obama will go down in history for different reasons than most people thought. He has directed the largest, most reckless spending binge in the country’s existence, bringing America to the edge of bankruptcy. (more)

After years of indifference to constitutional fiscal discipline, Congress is once again stirring. Excessive, outrageous spending, deficits and debt, the Tea Party movement and the last election have provided a motivated majority in the House of Representatives. (more)

As budget talks heat up in light of the looming July 4th recess, several conservative groups and lawmakers are coalescing around a pledge that cuts spending across the board, caps government spending, and includes a balanced budget amendment. (more)

With the ink on the budget deal barely dry, Congress now faces an even more daunting challenge — a vote to raise the debt ceiling. As the U.S. Treasury announced this week, the nation has officially maxed out its credit card. Congress must use this opportunity to put new constraints on runaway federal spending while implementing significant and immediate spending cuts. (more)

It is disappointing, though predictable, that President Obama, members of his cabinet, and his faithful allies on Capitol Hill are urging an increase in the nation’s debt limit without including real budget reforms, spending reductions and controls. For decades, Congress has been raising the limit on the amount of money the United States can borrow. Democrats blindly raised it six times in just the last four years. We have amassed a national debt of nearly $14.3 trillion — that is $45,000 per American — and projections indicate that by 2030 our debt as a share of our economy will be an astonishing 146%. No nation can sustain such a weight against its economy. (more)

Spring break is that notorious time of year when students flock to exotic locales on their parents’ dime to escape reality and party with no concern for the consequences. (more)

President Obama’s speech Wednesday is no different than any of the speeches that came before it. (more)

There’s been a push for decades to constitutionally require Congress to balance federal spending with revenue. And a current incarnation of this push would cap spending at 18 percent of GDP, which all 47 Republicans in the U.S. Senate have signed off on. But how far will the GOP take it? (more)

Last year, I threw my hat in the ring as a candidate for U.S. Senate in Colorado. I decided to run primarily out of anguish for the direction our country was headed. All of us watched as spending increased, government grew and American families and businesses struggled to keep their heads above water. Now, almost two years later, I’m afraid things aren’t much different. While on the campaign trail, I often spoke with activists, small business owners, and hard-working families about Washington’s out-of-control spending. I heard from folks who, even in a tough economy, make it a priority to live within their means and balance their budgets. Folks like us who pay our bills on time. (more)

On March 31, Senators Orrin Hatch and Mike Lee introduced a Balanced Budget Amendment (BBA) to make it a constitutional requirement for Washington, D.C., to end our deficit spending and our culture of debt. And our national grassroots organization, Pass the Balanced Budget Amendment, is working with them to compel lawmakers to approve this change to the Supreme Law of the Land. (more)

There’s a term used to describe the situation where a debtor repays a debt through labor. It’s what’s known as debt bondage, and it’s an ugly scenario that involves work for little pay and a devaluation of labor and skill. It’s conceptually similar to indentured servitude, an idea that makes modern Americans cringe. (more)

Colorado Sen. Mark Udall became the first Democrat to co-sponsor a balanced budget amendment to the U.S. Constitution, his office announced Tuesday. (more)

The new Republican majority in the House of Representatives possesses a short window to maintain the support and good will of both independent voters and the grassroots Tea Party movement. In fact, they have one budget cycle — from now until autumn — to act. (more)

As part of what appeared to be a desperate cry for help with their addiction to spending other people’s money, a group of Senate Republicans requested Wednesday that Congress assist them in kicking the habit by passing a strict balanced budget amendment to the U.S. Constitution. (more)

In March, Congress will have to decide whether or not to increase the limit on how much debt the country can consume. Debt limit bills usually lack much controversy and generally pass with bipartisan support. However, the election of 2010 has turned this issue into the first real litmus test of the new Congress. (more)

Next Spring, Republicans will be faced with a serious decision over whether to vote to raise the debt ceiling. (more)

In August of this year, Admiral Michael Mullen, Chairman of the Joint Chiefs of Staff, advised Congress that “The National debt is the biggest threat to our national security.” In November, voter sentiment against the debt and deficit led to an historic rebuke of Congressional incumbents. In December, the president’s debt commission laid out in stark terms the imminent economic impact of continued deficit spending. Apparently rejecting these clarion calls, the president and Congress acted in the lame-duck session to cut not one dime of federal spending, while increasing the national debt by nearly $1 trillion. They are ignoring a glaring problem that, if not addressed soon, will cause a panoply of other problems. (more)

In 2008, young adults in America experienced a collective political awakening when, inspired by the Gospel of Hope and Change, they turned out in record numbers to “Rock the Vote” for Barack Obama. (more)