Wednesday, March 3, 2010

Blue Dogs offer balanced budget amendment to deal with debt

Blue Dog Democrats on Tuesday introduced legislation to add a balanced-budget amendment to the Constitution.

The legislation would require the federal government to pay down the national debt — which is over $12 trillion — and balance the budget by 2020. This year’s budget deficit is projected to be $1.6 trillion.

The balanced-budget amendment was introduced by freshman Rep. Bobby Bright (D-Ala.), one of the Democrats’ most vulnerable incumbents.



Continue to read: Blue Dogs offer balanced budget amendment to deal with debt

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