Balanced Budget Amendment

GPTKB entity

Statements (44)
Predicate Object
gptkbp:instanceOf gptkb:Constitution
gptkbp:aimsTo reduce national debt
gptkbp:associated_with gptkb:Tea_Party_movement
gptkbp:can_be government spending flexibility
gptkbp:controversy political parties
its feasibility
gptkbp:criticism potential economic consequences
gptkbp:designedBy require the federal government to not spend more than its income
gptkbp:enactedBy some state legislatures
gptkbp:has_a_focus_on fiscal policy advocacy groups
gptkbp:has_implications_for economic stability
https://www.w3.org/2000/01/rdf-schema#label Balanced Budget Amendment
gptkbp:impact federal programs
social safety net programs
gptkbp:influenced public opinion
gptkbp:introduced various lawmakers
gptkbp:is_a_resource_for future federal budgets
gptkbp:is_a_subject_of academic research
political debate
government reform
gptkbp:is_a_way_to control government spending
gptkbp:is_accessible_by some policymakers
gptkbp:is_designed_to promote fiscal responsibility
multiple_times_in_Congress
gptkbp:is_part_of broader budget reform discussions
the national fiscal policy debate
gptkbp:is_studied_in policy experts
gptkbp:is_supported_by fiscal_conservatives
gptkbp:is_used_in government accountability
deficit reduction
budgetary discussions
state balanced budget laws
state-level budget amendments
gptkbp:leads increased political polarization
mandatory spending cuts
gptkbp:legislation some conservative groups
has not been ratified
to_amend_the_U.S._Constitution
gptkbp:measures prevent future deficits
gptkbp:opposedBy some economists
gptkbp:related_to fiscal policy
gptkbp:requires balanced budgets during economic downturns
supermajority for tax increases
gptkbp:was_a_response_to growing national debt