George Gibbs Center for Economic Prosperity

Is I⁠t⁠ T⁠i⁠me for a Balanced Budge⁠t⁠ Cons⁠t⁠⁠i⁠⁠t⁠u⁠t⁠⁠i⁠onal Amendmen⁠t⁠ Conven⁠t⁠⁠i⁠on?

By: The James Madison Institute / 2011

By Dr. Marshall DeRosa
Professor of Political Science, Florida Atlantic University
Senior Fellow, The James Madison Institute
This white paper focuses on the necessity of a balanced budget constitutional amendment convention by considering (a) the severity of the fiscal crisis, (b) the corresponding political crisis compounding the problem, (c) the Article V constitutional response to both the fiscal and political crises as intended by the Framers, (d) the US Supreme Court’s political questions doctrine regarding a constitutional amendment convention, and (e) Senator Sam Ervin’s statutory guidelines for operationalizing an Article V constitutional amendment convention. In the absence of an Article V balanced budget constitutional amendment convention, thereby restoring fiscal sanity to national policy, budget deficits and their progeny the national debt will rapidly increase and American prosperity relinquished.
View Full Issue Analysis:
Is It Time for a Balanced Budget Constitutional Amendment Convention? (PDF)