Balancing the Budget Click to Launch To eliminate decit spending and reduce public debt. some politicians and economists have proposed a Constitutional amendment requiring a balanced federal budget. In your initial post to this discussion, respond to each of the following prompts based on what you've learned in this module about deficit and debt. . What present and future benefits might result from an amendment requiring that each year's budget be balanced? - What limitations or costs might result from such an amendment? . Describe alternative legislation that might eliminate chronic deficits but have more desirable effects on the economy. In addition to posting your own response to the question posed, you are required to read and respond to AT LEAST TWO of your classmates' posts. When responding to others be sure to engage your classmates by providing different examples of why you agree or disagree with what they have shared or discuss something that relates to what your classmate has stated. Be sure to support your comments. We want to have a meaningful thought-provoking discussion and that can't happen if we all just say how much we liked the other person's comments. Note: You will not be able to view or respond to any of your classmates' posts until AFTER you have posted your initial response. Your discussion is worth 20 points and will be evaluated using the ECON 201 Discussion Rubric. This rubric is available under the Grading Information tab of the Discussion area, as well as in the course Grade Center. Review this video How to Use Blackboard Discussions if you need assistance with this feature. All contributions should be consistent with good netiquette. See Calendar for due date