An American Promise
● A Balanced-Budget Amendment to the Constitution, with appropriate exceptions for times of war and recession.
● A line-item veto, to give the President a fighting chance to eliminate pork and earmarks.
● A limitation on federal spending, to 20% of GDP.-
*** About We Elected You ***
Have Your Say!
- John Lumbard on Problems With a Balanced Budget Amendment?
- Chris Curley on Problems With a Balanced Budget Amendment?
- John Lumbard on How to Fix the Health Care Mess
- Did Government Agencies “Raid” Social Security “Coffers”? « Joejolly’s Weblog on “The Debt The Government Owes Itself For Raiding Social Security”
- John Lumbard on The Antidote
- Gen Y on The Keepers of the Flame
- Chuck Bailey on Amendment Filed. Call Your Congressman!
- Phoebe Addington on Party On!
- FaGaurlwal on Incentives Rule!
- James Schaefer on The ENTIRE Government Runs on Borrowed Money
Topics
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Line-Item Veto Archive
Calling All Democrats
Your Country Needs You.
By John Lumbard.
The really worrying thing about the unfolding spectacle in Greece isn't the insolvency of Greece. Low-cost loans from Germany and the rest of Europe will patch over the near term crisis. But Germany has already stated that it will not and cannot bail out Spain and...
Read More Constituents Calling
"If interest rates are at 10% when the net federal debt hits $10 trillion (roughly two years from now), we will find ourselves paying $1 trillion per year in interest.”
"Interest would vault over medical care to become the largest item in the federal budget. $1 trillion is $8,547 per household,...
Read More A Pledge of Fiscal Responsibility
(To be taken by candidates for federal office)
I pledge that, if elected, I will introduce legislation to establish:
A Balanced-budget amendment to the Constitution, with appropriate exceptions for times of war and recession.
A line-item veto, to give the President a fighting chance to eliminate pork and earmarks.
Term Limits, of any durations...
Read More