Drafting a Federal Balanced Budget Amendment that does what it is Supposed to Do (and No More)

89 Pages Posted: 28 Feb 2006  

Theodore P. Seto

Loyola Law School Los Angeles

Abstract

Repeated proposals have been made to add a balanced budget amendment to the U.S. Constitution, most recently with the filing of H.J. Res. 58 on July 13, 2005. Almost all such drafts, including the draft currently pending, have resembled S.J. Res. 1, 104th Cong. (1995), narrowly defeated in March 1995 and June 1996. This paper, published in 1997 but not heretofore posted on SSRN, explores the technical problems inherent in such drafts. Because of those problems, it concludes, an amendment based on the approach taken in those drafts would be easy to circumvent, allowing Congress to claim to have balanced the federal budget while in fact incurring substantial deficits.

JEL Classification: H61, H62

Suggested Citation

Seto, Theodore P., Drafting a Federal Balanced Budget Amendment that does what it is Supposed to Do (and No More). Yale Law Journal, Vol. 106, p. 1449, 1997; Loyola-LA Legal Studies Paper No. 2006-8. Available at SSRN: https://ssrn.com/abstract=887360

Theodore P. Seto (Contact Author)

Loyola Law School Los Angeles ( email )

919 Albany Street
Los Angeles, CA 90015-1211
United States
213-736-1154 (Phone)
213-380-3769 (Fax)

Paper statistics

Downloads
230
Rank
108,946
Abstract Views
3,444