The Late Edition: Balance Budget Amendment Introduced

Today’s Roundup of Taxpayer News for our Social Media Network!

Today could turn out to be the start of something monumental for taxpayers and the overall effort to bring fiscal sanity to Washington. In a bold move, all 47 Republican Senators signed on as co-sponsors of a new Balanced Budget Amendment proposal.

NTU voiced its strong support for the “Consensus BBA” in a letter to the Senate. The measure includes strong taxpayer protections like a 2/3rds majority for tax increases and an 18% of GDP limit on federal spending.