GOP Platform Includes Balanced Budget Amendment

GOP Platform Includes Balanced Budget Amendment
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In a victory for supporters of sound fiscal policy, the 2012 Republican Party platform has endorsed a balanced budget amendment, CNS News reports.  The proposed amendment would force Congress to erase the debt by cutting spending and with no increases in taxes.

Though the Republican Party has a reputation for fiscal conservatism, this is the first time that such an amendment has been included in the GOP platform.  A similar amendment failed by one vote during the 1996 Convention.

A vote on the amendment was held by Congress last year but failed to achieve the two-thirds majority necessary for passage.

More information on the proposed amendment is available at cnsnews.com.

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