Former Colorado Senate Candidate Ken Buck Launches Nonprofit To Push For Balanced Budget Amendment

Last seen narrowly losing the Colorado Senate race to Sen. Michael Bennet, Ken Buck has announced the formation of a nonprofit called “Balance America” organized for the purpose of “educating, researching, and training leaders in all 50 states to ratify a Balanced Budget Amendment to the U.S. Constitution.”  There must be something in the water out here, since Sen. Mark Udall, Colorado’s other Democrat Senator, has co-sponsored an amendment, with Alabama Sen. Richard Shelby, that would require a balanced federal budget except in cases of war or an override by a three-fifths vote of each house of Congress.

I can’t say for certain whether I would favor such an amendment, though I am intuitively inclined to favor it.  The really big problem (made vastly worse if ObamaCare survives) is entitlement spending, and a balanced budget amendment without ObamaCare repeal and major reforms of Medicaid, Medicare, and Social Security is a non-starter. 

I also think that the exceptions in the Shelby/Udall proposal are essential for any successful amendment.  It will be interesting to see how this debate develops against the backdrop of a tough presidential and senatorial election cycle coming up.

Buck’s press release is here.  Balance America’s website is here.  There is not much to it yet.

Advertisements
Published in: on February 8, 2011 at 2:45 pm  Leave a Comment  

The URI to TrackBack this entry is: https://mangyredbonehound.wordpress.com/2011/02/08/colorado-senate-candidate-ken-buck-to-launch-nonprofit-to-push-for-balanced-budget-amendment/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: