From the Vault: March 4, 1994
Video duration: 1:37
The House GOP included a balanced budget amendment as part of their "Cut, Cap and Balance" bill that is currently stalled in the democratic-controlled Senate. Balanced budget amendments have been proposed since 1963; the last was in 1997. On March 4 1994 Washington Week discussed the Senate's failure to pass a balanced budget amendment, 63-37.