Some White House advisers were concerned that the move would merely make the President look cynical. Others insisted Ronald Reagan had to reassure conservative voters that he remains committed to a balanced budget, even though he is proposing the biggest deficits in history. In his speech to the nation last week, Reagan chose the reassurance route. He called on Congress to enact a constitutional amendment requiring balanced budgets as the only method by which "we can stop the Government's squandering, overtaxing ways."
Reagan's support just might give the proposal the extra push it needs to pass Congress this year. Fifty-two Senators are...