FFS: Proposals for Balanced Budget Amendments have been around for years. They blame the Constitution for the unconstitutional spending regularly approved by both houses. (A simple majority in either house could demand a balanced budget whenever it had the will to do so.) But this public relations ploy is not just hypocritical. When Congress fails to muster the two-thirds vote in both houses to send the amendment to the states for ratification, phony “conservatives” call for the worst possible scenario — a state-mandated constitutional convention that would be controlled by the Insiders.
See thomas.loc.gov for more information (e.g., text of legislation and list of current cosponsors).