As the national debt eyes $35 trillion and the budget deficit inches toward $1.5 trillion this fiscal year, Sen. Jon Tester (D-Mont.) plans to reintroduce his constitutional amendment mandating balanced budgets.
Mr. Tester, who is up for reelection this year, said he wants to require presidents and Congress to present balanced budgets to the American people. He says this would lower costs and rein in unnecessary government spending.