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Critics say the balanced budget amendment would prevent the use of countercyclical policies in a downturn like the present one facing the U.S. economy. Because of the tendency of politicians to avoid difficult decisions and "kick the can down the road," it serves to focus attention on making the cuts in spending, including tax expenditures, that can help reduce the deficit to sustainable levels.
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07.14.2011
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10.16.2014
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01.14.2015
Why a balanced-budget amendment is too risky - The Washington Post
Washington Post 07.19.2011
Wall Street Journal 07.19.2011
For Republican Freshmen, the Power of No
New York Times 07.29.2011
Long Battle on Debt Ending as Senate Set for Final Vote
New York Times 08.01.2011
That Monolithic Tea Party Just Wasnât There
New York Times 08.01.2011
Deficit Battle Shifts to Panel
Wall Street Journal 08.03.2011
The supercommittee’s make-or-break question - The Washington Post
Washington Post 11.17.2011
GOP supercommittee members’ tax plan gives party an identity crisis - The Washington Post
Washington Post 11.17.2011
Deficit Is Again Set to Top $1 Trillion
Wall Street Journal 02.01.2012
Rep. Dave Camp patiently pursues tax reform - The Washington Post
Washington Post 07.29.2012
Dave Camp: Is Tax Reform Politically Possible?
Wall Street Journal 08.12.2012
Democrats Like a Romney Idea to Cap Tax Deductions
New York Times 11.12.2012
Most Americans Face Lower Tax Burden Than in the 80s
New York Times 11.29.2012
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