Real Budget Reform

Discussion in 'Politics' started by KenH, May 3, 2008.

  1. KenH

    KenH
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    www.cato-at-liberty.org/2008/05/02/real-budget-reform/

    "Representatives John Campbell (R-CA) and Jeb Hensarling (R-TX) have just introduced an idea that McCain could champion: A constitutional cap on the overall federal budget. You can read the proposed amendment here, but essentially these House budget experts propose that annual federal spending growth should not exceed the long-run average growth in the U.S. economy, except with a two-thirds vote or a declared war.

    I’ve proposed a similar budget cap that would be statutory, not constitutional, and thus easier to implement. See here and here.

    Either way, the point for Mr. McCain (or Mr. Obama, if he is so inclined) is to promote some sort of overall cap on the budget to drive home that the government’s budget should not grow any faster than the average family’s budget."
     
    #1 KenH, May 3, 2008
    Last edited: May 3, 2008
  2. Revmitchell

    Revmitchell
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    there is probably a better chance to get a Constitutional Marraige amendment passed before this will ever fly.
     
  3. JustChristian

    JustChristian
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    Mr

    We literally can't afford a war anymore unless there is a clear (e.g. German attack on Poland) attack on our homeland. We certainly can't afford to start wars unnecessary wars like Iraq.
     

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