Fiscal Democracy in America: Kurt Couchman on the Case for a Balanced Budget Amendment

Roger welcomes Kurt Couchman, senior fellow in fiscal policy at Americans for Prosperity, for a conversation on the risks of the nation’s growing debt and his proposal for a balanced budget amendment to restore sound governance.

They discuss why fiscal insolvency threatens future generations, how intergenerational debt burdens undermine prosperity, and why Congress struggles to act despite bipartisan public support for reform. Couchman explains “fiscal democracy,” outlines his balanced budget amendment, and shares lessons from countries like Switzerland and Sweden. The discussion also touches on the politics of government shutdowns, Social Security’s unsustainable path, and how institutional reforms could improve Congress’ ability to govern responsibly.

Kurt Couchman is the author of “Fiscal Democracy in America: How a Balanced Budget Amendment Can Restore Sound Governance.” He has worked on Capitol Hill as a congressional staffer, at leading budget policy organizations, and is a frequent commentator in national media on fiscal issues. A TFAS alumnus, Couchman received the 2023 Kevin Burkett Alumni Service Award for his contributions to the TFAS community.