The balanced budget amendment introduced by Senate Republicans yesterday contains a striking error. As written, it would limit federal spending much more than they claim or, I suspect, intend (I said the same back in 2011, when this first came up). The senators want to balance the budget by limiting spending rather than raising tax [...] View the full post at: The Balanced Budget Amendment’s $300 Billion Error Related posts: Obama Budget Reduces Federal Deficit by $900 Billion Obama 2010 Budget Plan Sneak Preview A Budget Freeze?