Saturday, November 19, 2011

Balanced Budget Amendment - #3428 - GOP Budget Chair Ryan Votes 'No' on GOP's Balance Budget Amendment, Will Lead to 'Bigger Government,' 'More Taxes' - CNS News (2) House Votes Down Clean Balanced Budget Amendment - Hot Air

Robert Hurt, Va. 05 Voted FOR this Amendment. I will contact his office Monday for his response to these two articles......
House Budget Chairman Paul Ryan (R.-Wis.), a leading spokesman for his party on fiscal issues, broke ranks with the House Republican leadership on Friday and voted against the constitutional balanced budget amendment that GOP leaders brought up for a vote on the House floor. Ryan was one of only four Republicans to vote against the amendment. The other three were Rep. Louie Gohmert (R.-Texas), Rep. Justin Amash (R.-Mich.) and House Rules Chairman David Dreier (R.-Calif.). Twenty-five House Democrats joined with 236 House Republicans in backing the amendment, which fell 29 votes short of the two-thirds majority a constitutional amendment needs for approval in the House. “I’m concerned that this version will lead to a much bigger government fueled by more taxes,” Ryan said. “Spending is the problem, yet this version of the BBA makes it more likely taxes will be raised, government will grow, and economic freedom will be diminished. “Without a limit on government spending, I cannot support this amendment,” he said. Read more.......

House Votes Down Clean Balanced Budget Amendment - Hot Air - Ed and I have warned repeatedly of the dangers of the clean balanced budget amendment that was up for a vote in the House of Representatives today. Without spending caps or a supermajority requirement to raise taxes, this particular BBA essentially amounted to a license to spend profligately and hike taxes however high to balance the budget. Under it, deficit spending — exactly what any BBA purports to eliminate — would even be allowed by a bare three-fifths supermajority (not as high a standard as a two-thirds supermajority).  Luckily, the House voted down the amendment. With 261 in favor and 165 opposed, the chamber fell 23 votes shy of the two-thirds requirement to pass an amendment to the constitution.  As a reminder, as part of the Budget Control Act (i.e. the act that unsatisfactorily ended this summer’s debt ceiling debate), Congress promised to at least vote on a balanced budget amendment. Today’s action satisfies that requirement of the BCA — but is a far cry in two respects from what Republicans originally pushed for with “Cut, Cap and Balance.”  Read more.........

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