THIS IS VERY IMPOTANT. Congress will be voting on this Balance Budget Amendment (BBA) this month. This is to amend the US Contitution. Be careful this could be a sack of snakes when trying to amend the Constitution. Someimes you get something that you do not want. Some want to exceed the balance by certain amount of the GDP and if neccesary INCREASE TAXES. Inform your Congress where you stand!!!!!!
If anything good came out of the deal House Speaker John Boehner cut with President Barack Obama to increase the limit on the federal debt by as much as $2.4 trillion, it was that the legislation enacting that increase also provided that by the end of this year both houses of Congress must vote on a balanced budget amendment to the Constitution.(Read More)