This is the very best thing we can do for our nation:
A group of Republicans senators will introduce a constitutional amendment tomorrow requiring the federal government to keep a balanced budget.
The proposal, which many states have enacted for their own budgets, would prevent Congress from running yearly deficits.
Sens. John McCain (R-Ariz.), Lindsey Graham (R-S.C.), Jim DeMint (R-S.C.), Tom Coburn (R-Okla.) and George LeMieux (R-Fla.) will announce the legislation at a press conference Thursday morning.
The senators will also propose a one year moratorium on earmarks, which critics say unnecessarily inflate appropriations bills.
We’re spending ourselves in to complete economic devastation. I know that the bankers and the government keep pushing out numbers saying things are getting better, but the truth is that its all coming apart – the bottom is out of the tub.
Balancing the budget, lowering taxes and getting rid of wealth destroying regulations is what will get us out of this mess – and nothing less will do.
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