If you put a balanced budget amendment on top of that situation, with the mandatory rise caused mostly by health care and demographics, and that is all you do, you squeeze the shortfall down into the discretionary budget and essentially eliminate the Federal Government.
Angus King: “If you put a balanced budget amendment on top of that situation, with the mandatory rise caused mostly by health care…”
Editor's note · Context
Senator King warns that a balanced budget amendment could drastically reduce federal government functions.
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