Tags » Balanced Budget Amendment

More Evidence that Balanced Budget Rules Don’t Work as Well as Spending Caps | International Liberty

…consider the fact that balanced budget requirements haven’t prevented states like California, Illinois, Connecticut, and New York from adopting bad policy. Or look at France, Italy, Greece, and other EU nations that are fiscal basket cases even though there are “Maastricht rules” that basically are akin to balanced budget requirements…

94 more words
Economic Issues

Louisiana- State Number 8 Convention of States

By Taryn O’Neill Via Legal Insurrection-
Last week, Louisiana passed a resolution calling for a Convention of States as described in Article V of the U.S.

1,813 more words
Article V Convention Of States

Hat's Off To Ann

If there is anything a numbers person admires or appreciates, it is someone who does state budgets 7 years in a row.  Yours was a herculean task.  34 more words

Jack Markell

Another Way to View the Presidential Candidates

As regular readers of this blog well know, I constantly advocate for two major changes in government policy:

  • Speeding up economic growth, which has averaged an anemic 2.1% per year since the end of the Great Recession in June 2009.
  • 294 more words
Jack Heidel

The House Budget vs the President’s Budget: Another Reason for a Balanced Budget Amendment

In January I had several posts advocating in favor of a Balanced Budget Amendment to the U.S. Constitution.  Briefly, the argument runs as follows:

  • Our public debt (on which we pay interest) is now at 74% of GDP, the highest it has been since the end of WWII.
  • 322 more words
Jack Heidel

Solving America’s Most Basic Problems

My last two posts, here and here, argue that America’s two most critical problems are:

  • Speeding up economic growth in order to create more jobs and better paying jobs, especially for middle- and lower-income workers whose wages have been stagnant for the past 15 years.
  • 352 more words
Jack Heidel

What We Need From the Candidates

   By Bob Shapiro

The US is 5 months into Fiscal Year 2016, and the 2016 Presidential nomination process is moving along quickly. It looks like we may know who the two Big Party candidates will be within just a few months. 654 more words

GDP & Employment