Why The Balanced Budget Amendment Is Good For Americans

Discusses the balanced budget amendment with testimony reflecting the viewpoints of private citizens, as well as prepared statements, letters, and supplemental materials from members of Congress, and professionals in the field of economics (James C. Miller, III, Citizens for a Sound Economy; Richard K. Vedder, Prof. of Economics, Ohio Univ.; Charles Schultze, Brookings Institute; Annelise Anderson, Hoover Institute; Allen Schick, Univ. of MD). Includes discussion of the economics of constitutional budget restraints, the impact of the welfare state on the American economy, and taxes and deficits. Charts and tables.