Chapter 12 - Assignment 4: Balanced Budget Amendment: Pro and Con
Chapter 12 - Assignment 4: Balanced Budget Amendment: Pro and Con
Compare the views of the Concord Coalition and Charles L. Schultz on the desirability of a balanced budget amendment.
- Compare and contrast the arguments on both sides concerning:
- whether politicians will balance the budget without a constitutional amendment;
- the impact of a balanced budget amendment on discretionary fiscal policy;
- the destabilizing effect of requiring an annually balanced budget; and
- the cost of having a deficit.
- Which arguments did you find most compelling? Why?
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