The House Republicans will be introducing a proposed constitutional amendment that would force Congress to balance its budget. The vote on the amendment is taking place because Congress agreed to it as part of the debt-limit deal reached over the summer.<br />
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Democratic leaders, the White House, and some Republicans have announced their opposition.<br />
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With that said there is still a certain degree of uncertainty about its passage. Twenty-five fiscally conservative Blue Dog democrats have come out in support the measure.<br />
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Even if the bill passes the House, it has little chance of getting the 67 votes needed in the Senate.<br />
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So in the mean time it will be politics as usual!<br />
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For an article on the likelihood of a balanced budget amendment click on the following link:<br />
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http://thehill.com/blogs/on-the-money/1007-other/194437-overnight-money-house-takes-up-balanced-budget-amendment<br />
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