Commentary | Budget, Taxes, and Public Investment

Nobel laureates, leading economists express opposition

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Press release

In this letter released publicly to President Obama and Congress on Tuesday, a group of renowned economists outlines the reasons why writing a balanced budget requirement into the Constitution would be “very unsound policy” that would adversely affect the economy. EPI and the Center on Budget and Policy Priorities organized the letter.

Read updated letter (July 25) | Read original letter