Let's Make the Debt Ceiling Debate Real
For the past year or so, there has been no statutory limit on how much the federal government borrows. The debt ceiling was abandoned in the last budget deal. But in the coming weeks, it is scheduled to return—along with the predictable illusion of a debate over whether to lift the ceiling or not. We can fairly predict the debt ceiling debate will boil down to political theater—cynics would call it a kabuki performance—because Washington always lifts the debt ceiling. Of cour
Inside Track Covers Arizona Compact for Balanced Budget Push
Inside Track's Emil Franzi and Bruce Ash talk about the Arizona push for the Compact for a Balanced Budget, championed by AZ Rep. JD Mesnard, with CFA President Nick Dranias. Part 1 Part 2 #articleveducation #balancedbudgetamendmentmerits #compactforabalancedbudgetpitch #compactforamericacoreprinciples #nonpartisanbalancedbudgetamendment
2006-An Alternate Reality
Remember when Senator Obama opposed lifting the federal debt limit in 2006 when it was a mere $8.6 trillion? Imagine if Republican majorities in Congress and 38 states responded by adopting the Compact for a Balanced Budget. Just imagine the bad policies that could have been avoided if the spigot of "free money" were turned off... share and like if you wish we had a time machine. We can still stop the bleeding today. Let's not look back 8 years from now and wish we had. Suppo
The Founders Wanted a Laser-Targeted Article V Convention (Part 4 of 8)
Exhibit D-George Nicholas' Reply to Patrick Henry Notice how Nicholas’ conclusion is only “natural” with the expectation that the states would typically organize a convention with a narrow and preset agenda, and only after first agreeing on one or more amendments specified in their Article V application. This is, of course, the foundational principle of the Compact approach to advancing constitutional amendments. Like and share if you agree and want to spread the word! And co
First Organizational Meeting of the Compact for a Balanced Budget Commission!
On January 13, 2015, the first organizational meeting took place of the first interstate agency ever formed to unite the states in advancing and ratifying a constitutional amendment using the Article V convention mode of proposing amendments. Among its first official acts, was appointing Compact for America Educational Foundation, Inc. to serve as the Compact Administrator! The infrastructure for growing the Compact for a Balanced Budget to include 36 more states is now compl
It's Time to Swing for the Fences
Is Compact for America a longshot? It all depends on how you view the overall policy and political game. Fighting for fiscally-responsible government as a steady-state in any political system is the ultimate longshot. And if we are going to pursue longshots like that, Compact for America believes we ought to at least put most of our chips on the biggest impact plays. Simply put, there is nothing bigger than amending the Constitution. So Compact for America says: Let’s swing f
Why Support Compact for America Most of All!
The Compact for America team supports all Article V efforts that are well-thought-out and limit the abuse of government power; but we prefer those that are most likely to succeed in generating a good ratified amendment above all. That’s why Compact for America as an organization is devoted exclusively to advancing the Compact for a Balanced Budget, which advances a pre-drafted, vetted and poll-tested Balanced Budget Amendment. You can even read it here. In advancing a federal
This Holiday Season Join the Compact for America Team!
As the year comes to a close, your tax deductible donation to the Compact for America Educational Foundation is more important than ever. As you know, the Revolution was fought in large part to stop taxation without representation. And yet, that is precisely what unlimited borrowing by the federal government imposes on future generations. Unlimited debt is unlimited taxation of the worst kind—both morally and politically. Unlimited borrowing capacity also inexorably leads to
A Foolish Pitch: All or Nothing
Compact for America has learned that certain advocates of the Convention of the States approach to Article V are insisting that all of your eggs should be in one Article V basket. They are claiming the push from the States to reform the federal government should be "All or Nothing." They are saying that it will take decades to organize another Article V convention after the first one is convened. Compact for America says there could not be a more foolish pitch. If the solutio
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