Adding a balanced budget amendment to the U.S. Constitution would be a well-intended measure that fails to accomplish its goal. The idea is based on a naive premise that politicians play by the rules; when in reality they don’t. Instead of adhering to a Constitutional Balanced Budget provision they’d resort to voodoo accounting and deception to circumvent it.
A balanced budget amendment would require Congress and the President to balance the federal budget each year. Those who call for such an amendment and the millions of voters who support the plan are attempting to address an imminent and daunting threat. Through the irresponsible actions of politicians and special interests in Washington, D.C. the national debt has passed the $17 trillion mark. To put that into perspective, a stack of $1,000 bills would need to be 1,139 miles high to equal $17 trillion.