Addressing the nation’s long-term fiscal problems with any constitutional amendment to require annual balanced budgets would be highly ill-advised. It would threaten significant economic harm while ...

The U.S government’s debt hit $37.6 trillion on Sept. 30, the end of the most recent fiscal year. To put that number in perspective, a stack of $1 bills in that amount would be 2.5 million miles tall.

The House Judiciary Subcommittee on the Constitution and Limited Government held a hearing this past week exploring whether mandating a balanced budget in the Constitution could help lawmakers get ...