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The balanced budget amendment: Clarifying the arguments

✍ Scribed by James M. Buchanan


Book ID
110217775
Publisher
Springer US
Year
1997
Tongue
English
Weight
87 KB
Volume
90
Category
Article
ISSN
0048-5829

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A balanced federal budget is not a best outcome for all situations, and a constitutional amendment to require annually balanced budgets is not well defended on grounds that it is. However, the case for a balanced budget amendment may have some merit on other, subtler grounds. This article outlines a