Inflation and the National Debt
In an OpEd published in The Daily Beast, Brad Polumbo says, “The president’s “soak the rich” proposal would explode the national debt, do nothing to “save” Social Security, and would ultimately hurt the working class.” Read More
The Peter G. Peterson Foundation cites three major contributing factors to skyrocketing federal debt: The number of U.S. seniors planning to retire is expected to reach 10,000/per day, increasing the number of Social Security recipients. U.S. health care costs are nearly twice as much as comparable advanced nations. U.S. tax revenues can’t keep pace with…
Newsweek: The Greatest National Security Threat No One Is Talking About
On September 1, 2022, distinguished co-authors Admiral Bill Owens, Former Comptroller General of the United States David M. Walker, and Dr. Barry Poulson shared their concerns about the effects of high and rising debt. “Mounting debt burdens are having an impact on our national security,” they said. “Larger deficits have caused investors to demand ever-higher…
Some Straight Talk About the Debt Crises, by Dr. Barry Poulson
Some Straight Talk About the Debt Crises
The Article V Solution
Noted professors of economics Steve H. Hanke and Barry W. Poulson assert, “It’s time for Americans to get the bit between their teeth and, via a constitutional convention, rein in Washington’s addiction to fiscal deficits.” in an Op-ed recently published in the National Review. Read More
The Peter G. Peterson Foundation cites three major contributing factors to skyrocketing federal debt: The number of U.S. seniors planning to retire is expected to reach 10,000/per day, increasing the number of Social Security recipients. U.S. health care costs are nearly twice as much as comparable advanced nations. U.S. tax revenues can’t keep pace with…
Proposing a Fiscal Responsibility Amendment by Dr. Barry Poulson
In his recent article in Human Events, Dr. Barry Poulson observed that “The federal government has incurred deficits and accumulated debt at an unsustainable rate. The statutory fiscal rules enacted to constrain federal spending and debt have been abandoned and the budget process is broken.” Proposal of a state-led Fiscal Responsibility Amendment ratified by a…
Fox News: House measure says Congress obligated to call convention for fiscal responsibility amendment
“Beginning in 1979, when Congress appears to have failed in its constitutional duty to count applications and call a ‘convention for proposing amendments’, the nation’s debt has increased to more than $30 trillion from $830 billion while the value of the dollar has declined by over 70%.” Read the complete coverage from Fox News on…
Press Releases
Advocates Applaud House Concurrent Resolution Calling for an Article V Inflation-Fighting Fiscal Responsibility Amendment Proposing Convention
July 20, 2022 GMT–News Direct– The Let US Vote for a Balanced Budget Amendment Citizen’s Campaign, Inc., a coalition of nonpartisan advocates concerned about the impacts of inflation and out-of-control national debt applauded the introduction of House Concurrent Resolution 101 calling for an Article V Convention of States to propose Amendments to the United States Constitution and…
Stop Inflating U.S. ‘Super George’ Campaign Launched by Fiscal Responsibility Amendment Advocates
A coalition of nonpartisan advocates concerned about the impacts of inflation and out-of-control national debt are encouraging state legislators from around the country to support a state-drafted, voter-approved, inflation-fighting, fiscal responsibility amendment to the Constitution. At an event this week, state legislators are being urged to advocate for the recently introduced House Concurrent Resolution 101 which calls for…
“Stop Inflation” Campaign Launched by Fiscal Responsibility Advocates
QR Code Connecting Voters to Elected Officials A coalition of nonpartisan advocates concerned about the impacts of inflation and out-of-control national debt recently launched a national “Stop Inflation” campaign. The effort supported in part by the Let US Vote for a Balanced Budget Amendment Citizen’s Campaign, Inc. is seeking to connect concerned citizens with elected…
Campaign Launched by Fiscal Responsibility Advocates Connecting Voters to Elected Officials The Let US Vote for a Balanced Budget Amendment Citizen’s Campaign, Inc., a coalition of nonpartisan advocates concerned about the impacts of inflation and out-of-control national debt announced that nearly two dozen federal legislators and candidates signed a pledge committing to give citizens a…
Nevada Called for a Balanced Budget Amendment Convention 43 Years Ago But “Congress Ignored Its Duty”
Article V Mandates Congress Call a Convention for Proposing Amendments on the Application of Two-Thirds of the States Today marks the 43rd anniversary of Nevada’s Article V Application for a Balanced Budget Amendment Convention. The application was published in the Congressional Record on February 8, 1979, fulfilling the Constitution’s requisite 34 state applications to mandate…