House GOP To Seek Balanced Budget Amendment

The Hill reports:

House Republicans will push for a balanced budget amendment after they return from recess. The report follows the passage of the $1.3 trillion omnibus package to fund the government through September.

That bill was ripped by conservatives in the House and Senate, and President Trump vowed to never approve a similar bill again. Calls for a balanced-budget amendment have waxed and waned through the years, with growing support from the Tea Party movement that first helped elect a class to Congress in 2010.

Many of those conservatives have been mortified to see spending grow higher with Republicans in charge of both ends of Pennsylvania Avenue. Combined with the GOP’s tax-cut bill, the spending has also caused projections for the deficit to spike. Annual interest payments on U.S. debt could hit $1 trillion at the end of the decade.