Social Security & Retirement

Congress is currently considering proposals to amend the Constitution to mandate a balanced budget:  a requirement that federal spending not exceed revenues in any fiscal year unless a supermajority (generally three-fifths) of members in each chamber of Congress agrees to additional spending.  Even without the addition of more dangerous features such as a cap on total spending and a super-majority requirement for revenue increases,  a balanced budget requirement would threaten the economy and critical programs – including Social Security.