SEN. MIKE LEE, (R) UTAH: Thanks, judge. It's good to be with you.NAPOLITANO: Tell us how your amendment would work. Put aside the political obstacles to it, but let's say, it is passed by two-thirds of each House of the Congress, adopted by three-quarters of the state legislatures and becomes part of the constitution. How would it work, Tiffany 1837 bangle would monitor it, and what would happen if a future Congress decided it wanted to disregard that amendment and spend more than it took in?LEE: Well, the basic way that it would work would be the Congress each year would have to pass a balanced budget in which out lays don't exceed revenues, and in which,
Congress didn't exceed 18 percent of gross domestic product in any given year. And then, in order to exceed either of those limitations or to increase taxes or to raise the national debt ceiling, Tiffany Knots cuff would have to approve that work around by two-thirds super majority vote in both Houses of Congress.Now, if Congress decided to just disregard that, then, members of Congress under certain circumstances would have standing to bring suit in federal court to get the courts to get involved with the understanding that Paloma's Grown of Heart bangle wouldn't have the authority to order a tax increase.NAPOLITANO: All right. So, the courts wouldn't have the authority to order a tax increase, but they would have the authority to say to Congress this is not a balanced budget. You've got to spend less. And if you're unwilling to spend less, I'll decide how much you spend. Do we want that to happen, Senator Lee?
LEE: No, we don't want that to happen, and members of Congress wouldn't want that to happen either. This judicial enforcement provision is intended to be something that operates by what you Return to Tiffany heart tag Charm and bracelet probably refer to as in terrorem effect. Congress would be so fearful of the courts getting involved that they aggressively safeguard the operation so that it didn't get into the hands of the courts.NAPOLITANO: All right. You have said before that you're against raising the debt ceiling. You see the need for it, you might be willing to vote for it if a balanced budget amendment were part of the package. Question, does it look like the balanced budget amendment will be part of the package?
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