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Constitutional Amendment for Balanced Federal Budg

Constitutional Amendment for Balanced Federal Budg

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Started by Anonymous 17 years, 1 month ago
This petition is to demand a Constitutional Amendment to Balance the Federal Budget wherein the Congress and President can spend no more money then the government received from revenues in the previous calendar year. This Amendment specifically prohibits deficit spending including any practice or scheme through an United States Agency, Department or Government entity to sell, trade or provide promissory notes including Bonds, Treasure Notes or Federally Backed Financial Securities or Instruments that would essentially add debt beyond the resources derived from the revenues of the previous calendar year.

2 Comments

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Gary Riley
17 years ago Featured

About time we stopped spending money we dont have. If my family has to live on a budget why doesn't the government? Stop the massive debt now.

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Linda Ryan
17 years ago Featured

RIDICULOUS how much debt our kids are being saddled with. this needs to be law immediately. enough is enough.

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