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Monday, February 19, 2018
Balanced Budget Amendment

WATCH: How The Far Right Plans To Paralyze The Government With A Constitutional Convention

In the aftermath of the Citizens United decision, Lawrence Lessig called for a Constitutional convention to address the role of money in the political process. Article V of the Constitution says a convention can be convened by petitions from two-thirds of the state and reformers have often called for such an event to redress their […]

February 16, 2014

The Balanced Budget Amendment: Good Politics, Bad Policy

Congressional Republicans are once again pushing for the enactment of a Balanced Budget Amendment. The Amendment, which was introduced by conservative Utah Senator Mike Lee, would require that revenues equal expenditures every year, and that they never exceed 18 percent of the gross domestic product. A two-thirds majority of Congress would be required to exceed […]

August 22, 2011

Obama Calls For “Modest Modifications” To Entitlements

Earlier today, President Obama held a press conference about his efforts to reach an agreement with Congressional Republicans to raise the debt ceiling—avoiding an economically disastrous default—and reduce the staggering national deficit and debt. Obama admitted that there will have to be “modest modifications” to entitlement programs—most significantly, wealthy beneficiaries of Medicare (such as Obama […]

July 15, 2011