As of yesterday our National Debt surpassed our GDP. Comments? Those opposed to a balanced budget amendment must know that this symbolic landmark puts us on track to a place we can not recover from. We need to end deficit spending until our Debt is below 35% of GDP and we need an amendment capping our debt at 45% with a 10 year average balance requirement of 30%. (as in we can borrow money in bad times up to 45% but need to pay off the additional in time to maintinain the needed average) The only way to do this is to cut spending and decrease overhead. Taxes alone can not solve this problem.