A Constitutional Balanced Budget Amendment
To ensure the long-term fiscal security of the United States, it is vitally important to pass a Balanced Budget Amendment to the Constitution. As we’ve seen in our recent past, the federal budget was balanced from 1998 to 2001. But due to unforeseen events, and a lack of fiscal responsibility with our leaders, we ended up in debt throughout the last decade. We ended up fighting two wars, without accounting for the increase in spending brought by those wars. There was no real tax reform, or spending reform. We must not allow history to repeat itself. To ultimately secure our fiscal future we must pass a Balanced Budget Amendment which would not allow congress to ever pass a budget which was not balanced, while setting clear spending caps. This would force government to always live within its means, no matter what. We must ensure our fiscal future by passing this amendment, for it is the only true way to permanently keep our federal government fiscally accountable. This truly is the simplest solution for helping us reach a balanced budget. There’s no deep economic rhetoric needed here; it’s as basic as not spending money you don’t have. I see no reason to reject a Balanced Budget Amendment to the constitution. In fact, any argument against such an amendment is ludicrous. If we had a Balanced Budget Amendment in place ten years ago, which capped spending and forced congress to pass balanced budgets, we wouldn’t be in a debt crisis today…
More Solutions to Balance Budget:
All of these links above are links to previous posts in my blog. They all have to do with the same topic, which is balancing our federal budget. I hope you enjoy them, if you haven’t read them already. I hope to have more written soon.
