US House Rejects Balanced Budget Proposal
Friday, 18 Nov 2011 03:06 PM
Share:
More . . .
A A |
Email Us |
Print |
Forward Article
in
Share
WASHINGTON — The House has rejected a proposal to amend the U.S. Constitution to require a balanced budget, seen by many as the only way to force lawmakers to hold the fiscal line and reverse the flow of federal red ink.
The 261-165 vote was 23 short of the two-thirds majority needed to advance a constitutional amendment. Democrats, swayed by the arguments of their leaders that a balanced budget requirement would force Congress to make devastating cuts to social programs, overwhelmingly voted against it.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment