You have to balance your budget. The government shouldn't be different.
Via The Hill:
Rep. Mo Brooks (R-Ala.) this week proposed a balanced-budget amendment to the Constitution that would make the president’s failure to enforce that amendment an impeachable offense.
His Protecting America’s Solvency Act, H.R. 371, would let the debt ceiling rise by $1 trillion after congressional passage of the balanced-budget amendment. The ceiling could rise another $1 trillion after states ratify it.
The bill says the amendment must require federal spending not to exceed the revenue it collects, a goal it must meet after five years. But it does allow Congress to suspend this limit with a four-fifths majority vote, or by a simple majority during wartime.
If a budget deficit occurred for any other reason, the president would have to take “such steps as are necessary” to avoid it. Failure would leave him open to impeachment.
“The President may not order any increase in taxes or other revenue measures to enforce the Amendment,” the bill reads. “A President’s failure to prevent a prohibited fiscal year deficit is an impeachable offense.”