You may already have heard the word, but we wanted to make sure you shared in the video and testimonial highlights of the historic first meeting of the Balanced Budget Compact Commission - which just took place in Washington, DC on May 25th. The meeting featured testimony from former Wall Street Journal editor and economist Stephen Moore, best-selling author and History Department Chairman Dr. Kevin Gutzman, Cato Institute’s Ilya Shapiro, and many more! Why was this meeting s
Everything government does has a price tag. Organizing a convention of states under Article V of the U.S. Constitution is no different. Shouldn't taxpayers and policy makers know what that price tag is? We think so. That's why we just published Compact for America Educational Foundation Policy Brief No. 6, "Estimating the Cost of an Article V Convention." After an exhaustive study of fifteen state constitutional conventions held during the 1960s and 70s, we have concluded tha
As the cry for state leadership in fixing the national debt grows louder, there are those who have responded by reviving the 1970s and 80s effort to organize a convention of the states for proposing a federal Balanced Budget Amendment.
This effort, led by the Balanced Budget Amendment Task Force, is premised on the belief that there are 27 resolutions calling for a BBA convention—only 7 short of the magic number of 34 needed to form the Application that triggers Congress’s