Senator Lemieux, the junior senator from FL, has proposed an amendment to the Constitution. In a nutshell it proposes;
1. A balanced budget clause requiring income to equal or exceed outgo.
2. In order to help implement said budget, the PotUS will get a line-item veto.
Both of these proposals have been desired by some factions of our politicians for years. In fact, I think the PotUS had the line-item veto for a while, but it was ruled Unconstitutional by our SCotUS. A line-item veto amendment, if passed, would be a big increase in Presidential power, some folks think. If an amendment like this ever makes it to the states for ratification it probably has a good chance of being passed, since many state governors already have the line-item veto AND many states are required to have balanced budgets.
Go here for the announcement
http://lemieux.senate.gov/public/?p=...e-3b472eca9150
What are the odds of this amendment even making it to the States?