On Friday, the House of Representatives will vote on a proposed Balanced Budget Amendment. The bill is identical to the one that nearly cleared Congress in 1995. It simply says expenditures must not exceed revenues. Is short and sweet the best approach? How has this strategy fared at the state level? We ask Florida Rep. Daniel Webster, who also explains why he does not want to attach special rules to the amendment that would limit spending to a percentage of GDP and require a super-majority to enact tax increases.
