Read the following article:
http://www.nytimes.com/2011/08/05/us/politics/05budget.html?_r=2
Answer the following questions: (2-3 paragraphs each)
1. What positive impact might the Balanced Budget Amendment have on the American economy if ratified by National and State Legislatures?
2. What negative impact might the Balanced Budget Amendment have on the American economy if ratified by the National and State Legislatures?
3. What circumstances are causing the Republicans to revisit the idea of a Balanced Budget Amendment?
4. Using your knowledge of Article I of the Constitution, why can't Congress simply pass a law requiring a balanced budget? Why must it be a Constitutional Amendment?
5. If you were a legislator in either the National or State houses, would you advocate for the ratification of the amendment? Why or why not?
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