A Pledge of Fiscal Responsibility

For candidates for federal office:

I pledge that, if elected, I will introduce legislation to establish:

  1. A balanced budget amendment to the Constitution, with appropriate exceptions for times of war and recession.
  2. A line-item veto, to give the President a fighting chance to eliminate pork and earmarks.
  3. Term Limits, of any durations that are politically feasible.
  4. A tax system that is fair and simple.
  5. A limitation on federal spending, to 20% of GDP.

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2 Comments
  1. admin says:

    If you know of any candidate who has already announced support for one of these proposals, please let us know. The number is growing!

    Reply
  2. Mass: Cradle of Revolution says:

    Teenagers and twentysomethings are pretty clueless, but they should be taking to the streets. Most of them have never even voted, and yet we’re hitting them with $10,000 in new debt every year. If you exclude the money that the federal government owes to the Social Security trust fund (and maybe you shouldn’t, because that would mean that there is NOTHING in the Social Security trust fund), those kids already have $60,000 or $70,000 in debt that they are responsible for as new taxpayers. In 3 or 4 years it will be $100,000.

    Reply
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