The balanced budget amendment

July 4, 1776

In 1507, German cartographer Martin Waldseemüller produced a world map on which he named the lands of the Western Hemisphere "America" after Italian explorer and cartographer Amerigo Vespucci. The former British colonies first used the country's modern name in the Declaration of Independence, the "unanimous Declaration of the thirteen united States of America" adopted by the "Representatives of the united States of America" on July 4, 1776. The current name was finalized on November 15, 1777, when the Second Continental Congress adopted the Articles of Confederation, which states, "The Stile of this Confederacy shall be 'The United States of America.'" The short form the United States is als…