Sens. Orrin Hatch, R-Utah, and John Cornyn, R-Texas, are attempting to push once again the balanced budget amendment, Senator Hatch thinks that this time most people are frightened by the deficit and the debt.
He did not succeed previously, but this time most in Congress will join their hands in harmony to tackle this supposed threat to national economic security. However, the senators do not realize that their amendment will increase economic and political insecurity. It seems that Sens. Hatch and Cornyn are not familiar with the way fiscal policy works and the real affects of public debt.