Groups unite against balanced-budget amendment from GOP Excerpt:
Hundreds of labor organizations, human rights promoters and other advocacy groups are uniting to try and kill the balanced-budget amendment that Republicans plan to bring up for a vote next week. In a letter sent to every member of Congress, the coalition of 247 organizations warned that requiring the federal government to cap and offset its annual spending is a recipe for economic disaster, particularly in lean times when the government is often the spender of last resort. ... Groups signing the letter include the AFL-CIO, the NAACP, the National Organization for Women and the Center on Budget and Policy Priorities, a liberal policy shop. ... Sponsored by GOP Reps. Bob Goodlatte (Va.) and Joe Walsh (Ill.), the Republicans' balanced-budget proposal consists of three central provisions. First, it would require Congress to pass a balanced budget each fiscal year. Second, it would cap federal spending at 18 percent of the gross domestic product. And third, it would require a two-thirds majority in both chambers to increase taxes, and a three-fifths majority to raise the debt ceiling. Supporters say it's necessary to rein in soaring deficits and chip away at the nation's $14.3 trillion debt. Read more here: http://thehill.com/blogs/on-the-money/budget/171351-more-than-200-groups-unite-against-gops-balanced-budget-amendment J - Ninety percent of politicians give the other ten percent a bad reputation. - Henry Kissinger Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel. - John Quinton ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340362 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
