A bipartisan commitment to responsible budgeting was once a fundamental part of American governance. Congress borrowed for exceptional situations and reduced the debt burden otherwise. Since the Great Depression, members of both major political parties have collaborated on pursuing an amendment to the Constitution aimed at achieving a balanced budget. At the high-water mark of […]
Author Archives: Kurt Couchman
Kurt Couchman is a senior fellow in fiscal policy at Americans for Prosperity and author of “Fiscal Democracy in America: How a Balanced Budget Amendment Can Restore Sound Governance.” He wrote this for InsideSources.com.