Finance: Faculty Publications

Balanced Budget Mandate Would Handcuff Economy

Document Type

News Article

Publication Date

4-14-2016

Publication Title

Savannah Morning News

Abstract

This column was published in Savannah Morning News.

A proposed constitutional amendment to mandate a balanced federal budget annually would be “very unsound policy,” claimed a group of leading economists, including four Nobel Laureates, in a letter to President Obama and Congress on March 16. The proposed amendment would require federal...

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