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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.
This week, the U.S. House of Representatives will consider H.J.Res. 139, Rep. Andy Biggs’ proposal for a balanced budget amendment (BBA) to the United States Constitution. It will be the first time that Congress votes on a BBA that would balance over the medium term instead of every year.
Members of Congress and their advisors are creative. They can figure out better ways to prevent, deter, and prosecute misuse of taxpayer funds. How tragic, then, that members have limited legislative opportunities to spread their wings.
The Comprehensive Congressional Budget Act will help members of Congress become more effective legislators. Some will specialize in coalition building, some in policy development, and others in communications. All will have more ways to develop their strengths.
Congressional committees should be preparing to release their legislative hopes for the year right now, at least in broad strokes. This is the first congressional step in the annual budget process after Congress gets the president’s budget request and the Congressional Budget Office’s baseline update.
Tune in for a lively discussion on commonsense fiscal policy with AFP’s Kurt Couchman and Congressman Andy Biggs.
