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Article: AMENDMENT OPPOSITION RESURFACES : RUBIN ASSAILS PLAN FOR BALANCED BUDGET.(News)
- Article from:
- Daily News (Los Angeles, CA)
- Article date:
- November 14, 1996
CopyrightCOPYRIGHT 1996 Daily News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: David E. Sanger The New York Times
A day after President Clinton appeared to open the door a bit to a constitutional amendment requiring a balanced federal budget, Treasury Secretary Robert Rubin slammed that door shut again Wednesday, declaring that the administration would ``actively oppose'' the adoption of any such amendment.
In an interview, Rubin dismissed a possibility that Clinton held out Tuesday: that the amendment could be written with an escape hatch that ``gives the country what it needs to manage a recession.'' Rubin said any balanced-budget amendment would be ``a dangerous thing to do,'' because ``you can't protect against the ...