BBA and Senate Vote to Kill House Plan
Not surprisingly the Senate killed the Boehner plan within 2 hours of its passage. Six Republicans even voted it down - although most of those folks were probably radicals that voted against it because they wanted even more cuts.
Anyone who thinks the Boehner plan was a good one does not understand what it takes or means to amend the U.S. Constitution. The Boehner plan would require any future increases in the nation's debt ceiling to be preceded by the approval of a balanced budget amendment. That means that 2/3 of both Houses of Congress would have to vote in favor of an increased to the debt ceiling.
Getting the deficit under control is important and the BBA may sound like a good idea, except that the federal government needs to have the flexibility to run deficits in order to pay for extraordinary circumstances. In times of war, after natural disasters, or to stimulate the economy there are times when you want the government to overspend.
Radicals forced Boehner to include the language. Let's say that it passed and we changed the Constitution. Then imagine if we had a natural disaster and were attacked by Iran. We would not be able to pay for the appropriate responses because of the BBA. Taxes would have to be raised immediately to raise funds - which would likely be a problem because of the economic uncertainty following these types of events. This would compound our problems but be required because of the BBA. It is an absolutely silly idea because it unnecessarily limits the nation.