we have the suggestion that the Congress could just stand up and declare that certain amounts of the deficit, as long as we determined them to be ``negligible,'' they are not in violation of the amendment. A $25 billion deviation--Congress could say it is OK. It is small. It is small in comparison to what? When considered in the context of a budget that is $1.5 trillion, it is negligible. But if we were to constitutionalize the mandate that outlays must not exceed receipts--outlays must not exceed receipts, let me say that to my friend--if we were to constitutionalize the mandate that outlays must not exceed receipts, a congressional attempt to deviate from that requirement would bring the moral authority of the entire Constitution into question. I will say that again. If we were to constitutionalize a mandate that outlays shall not exceed receipts--that is what the amendment says. I did not write it. I do not subscribe to it.
Cord Byrd: “we have the suggestion that the Congress could just stand up and declare that certain amounts of the deficit, as long as…”
Editor's note · Context
Discussing the implications of constitutionalizing budgetary mandates.
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