The Senate today rejected two separate proposals to amend the U.S Constitution to require a balanced federal budget each year, including one that would have capped federal spending at just 18% of the nation’s gross domestic product (GDP). Passage of the Budget Control Act in August required that both the House and Senate vote on a BBA by the end of the year. Last month a balanced budget amendment (BBA) voted on in the House also failed to receive the 2/3 support required for passage of a constitutional amendment. Now, following rejection in both chambers, the idea of Congress passing a BBA has been put to rest, at least for now.
For more detailed information on the perils of a balanced budget amendment debate, see CWLA’s summary of the Budget Control Act.