South Dakota legislators are considering a joint resolution that would support a national constitutional convention to push for a balanced budget amendment to the Constitution. While a balanced budget may sound good, some fiscal analysts say it could hurt a state like South Dakota. Joy Smolnisky is head of the South Dakota Budget and Policy Institute…
Smolnisky says South Dakota is very dependent on federal spending…
Smolnisky says while large federal deficits cause problems, a balanced budget amendment would too…
The joint resolution, which passed out of the State Affairs Committee, has been deferred to a later date by the full House.