reposting from an old post but, I don't think the government should get any money when the budget put forth has a blatant deficit that exceeds 25% percent of the budget total
let's see 4.5 trillion with approxamtely 1.5 in deficit would be close to a third in deficit.. more cosely around 27-8 percent of total budget is in deficit..
compare it to GDP and it becomes much lower percentagewise but c'mon when a third of the total is in deficit thats a damn shame!
when the budget becomes that easy to let out of control then its no longer the tax avoiders who should be considered the criminal here. Even Tax cheat geightner is less criminal than the the person budgeting over 25 percent of total.thats the real crime. Should be Impeachable if you ask me!
Instead of a balanced budget amendment which only allows the budget to be exactly in balance why not a Budget Cap Amendment that can't exceed 20 or 25 percent of total budget to allow some flexibility while restraining unregulated spending?
Better wording might be Deficit Cap Amendment and maybe lower the percentage to 10 or fifteen percent of total
by Xenonlit 6 years ago
Paul Ryan contributed to the current deficit with these votes, yet stands there with a straight face and says Obama is "wrecking" the country. Remember these facts: Invade Iraq HR 114 Voted Yea $1.3 trillion and counting First...
by lesliebyars 5 years ago
How do you feel about gun control? Something has got to be done, but what?
by lesliebyars 5 years ago
I have several presidents I loved for various reasons including: FDR, LBJ, JFK, Bill Clinton and Ronald Reagan. What I wanna know is who is the best and most accomplished president of the United States ever and why?
by logic,commonsense 7 years ago
Read an article on MSN that the projected deficit for this year is 1.5 trillion dollars. Makes bush look like a piker with his measly 3-400 billion dollar deficits.Course there will be those that forget that bush is no longer prez and will find a way to blame him.Obama and the Dems own...
by lady_love158 7 years ago
http://blog.heritage.org/2011/08/25/mor … a-economy/In true 1984 double speak the WH is pointing to the CBO report on the economy as proof their policies are working! Lol! Really? Working to do what? Destroy America?? Can this country REALLY stand any more of Barack O.numb.nuts???
by Ralph Deeds 6 years ago
Paul Krugman:" Back in 2010, self-styled deficit hawks — better described as deficit scolds — took over much of our political discourse. At a time of mass unemployment and record-low borrowing costs, a time when economic theory said we needed more, not less, deficit spending, the scolds...
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