Tag: federal budget deficit
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A Balanced Look at a Balanced Budget Amendment
The growing concern about America’s mounting national debt and the inability of our elected leaders to adequately address it has led to many calls for a balanced budget amendment (BBA) to the U.S. Constitution. Given our current fiscal problems, the attractiveness of requiring federal spending and revenue to balance each year is obvious and no…
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Vacation and Vacating
August is a relatively calm time to reflect before the stormy months ahead. Congress is currently in recess, the president is on vacation. By contrast, the period after Labor Day will be marked with shrill posturing in Washington and heated campaigning throughout the country ahead of the November election. I recently had my vacation with…