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Part of the “Effective Budgeting” series. A bipartisan, bicameral consensus is emerging on bringing deficits down to 3 percent of GDP, and then on toward balance thereafter. I was honored that Chairman Arrington invited me to testify on that goal at the House Budget Committee last month. After touching on the main themes of my […]

This post is part of a series on “Imagining Effective Federal Budgeting”: House Budget Committee Chair Jodey Arrington recently discussed plans to advance a budget resolution. It should be a blueprint meant to guide congressional action on spending, revenue, deficits, and debt for the year.

Last week, I testified at the House Budget Committee hearing on “The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Path to Fiscal Sustainability” along with Maya MacGuineas, president of the Committee for a Responsible Federal Budget, Jonathan Burks, executive vice president for economic and health policy at the Bipartisan Policy Center, and Jared Bernstein, Ph.D., […]
Kurt Couchman joins ‘The Lars Larson Show” to discuss the Balanced Budget Amendment. (48.42)

A balanced budget rule can be a normal, neutral tool of sound governance. To succeed, members of Congress must learn to think of it that way. Support comes from being engaged, from being at the table, and from having a say in the product. Timing matters too.
Kurt joins Dan Ochsner to discuss the Balanced Budget Amendment. (41:29)
Kurt Couchman joins ‘The Voice of Reason with Andy Hooser’ to discuss the Balanced Budget Amendment.
Kurt Couchman joins the show to the Balanced Budget Amendment. (29:08)

To check the excessive federal borrowing that drives up the cost of living and undermines prosperity, a balanced budget amendment (BBA) proposal is coming to the House floor next week. A next-generation BBA like this will also push Congress to fix the way it operates and improve fiscal democracy.