Compare the views of the Concord Coalition and Charles L. Schultze on the desirability of a balanced budget amendment.

Questions

1. Compare and contrast the arguments on both sides concerning:
   
   
   1. whether politicians will balance the budget without a constitutional amendment;
   2. the impact of a balanced budget amendment on discretionary fiscal policy;
   3. the destabilizing effect of requiring an annually balanced budget; and
   4. the cost of having a deficit.
   
   
   
2. Which arguments did you find most compelling? Why?