Advantages Of An Amendment To Balanced Budget

Decent Essays
An amendment to balance the budget would lack formation of an excess fund for rough times. The amendment also would have to lack a regulation of determined spending. An advantage of the balanced budget amendment could be that it would reduce the federal debt. The balanced budget would put the government in a direction of less waste. It would decrease the federal taxes. The decrease in the federal taxes could motivate an economic growth. It would not benefit the social services. The balanced budget could cut down and/or eliminate the services that are provided by the federal government.
The economy is always unpredictable and changing, there are bad times and good times in the economy. The debt discourages private investment. It raises the taxes.

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