Monday, November 28, 2011

House says no to mandating balanced federal budget (AP)

Rep. Jeb Hensarling, R-Texas, co-chair of the supercommittee, tells reporters outside his office that the deficit reduction panel would work over the weekend as the deadline for its work nears, on Capitol Hill in Washington, Friday, Nov. 18, 2011. (AP Photo/J. Scott Applewhite)AP - Rejecting the idea Congress can't control its spending impulses, the House turned back a Republican proposal Friday to amend the Constitution to dam the rising flood of federal red ink. Democrats — and a few GOP lawmakers — said damage from the balanced-budget mandate would outweigh any benefits.


Source: http://us.rd.yahoo.com/dailynews/rss/weather/*http://news.yahoo.com/s/ap/20111119/ap_on_go_co/us_balanced_budget_amendment

Adrian Lyne Adriana Sage Adriana Sklenarikova Adrianna Nicole

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