Balanced Budgets, Fiscal Responsibility, and The Constitution

Download or read book Balanced Budgets, Fiscal Responsibility, and The Constitution written by Richard Wagner and published by Cato Institute. This book was released on 1980-01-01 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this monograph, Professors Wagner and Tollison examine the important question of whether the United States should adopt a constitutional amendment requiring the government to balance its budget. Arguing that the government should be explicit and responsible about how much it spends and how it spends it, they determine that the balanced budget idea is fiscally sound and democratically necessary.