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News in English (USA) / 19.03.2026 / 01:00

House Rejects Balanced Budget Amendment as National Debt Surpasses $39 Trillion

In a recent vote, the U.S. House of Representatives rejected efforts to push forward a balanced budget amendment, despite the national debt reaching over $39 trillion. Critics, including Rep. John B. Larson and House Democrats, argue that the proposed amendment could lead to detrimental cuts in programs like Social Security and Medicare. Supporters of the amendment, like Rep. Smucker and Rep. Arrington, emphasize the need for fiscal responsibility and have called for a convention to restore economic sanity. Meanwhile, discussions around the implications of such a measure continue, highlighting concerns over government size and fiscal management.
Politico, AOL.com, Congressman Steny Hoyer (.gov), Americans for Prosperity, Quiver Quantitative, The Economic Policy Innovation Center, National Taxpayers Union, RealClearMarkets, Washington Times, Washington Examiner