Fix the Debt, Stop the Bailouts
The Balanced Budget Amendment at the heart of the Compact for a Balanced Budget would finally stop the bailouts. This is because the Balanced Budget Amendment makes it politically possible for our Nation to adopt the Iceland approach to a financial collapse. Iceland is the only country that responded to the 2008 collapse by refusing to bail out its banks and financial centers. Initially, this cratered its economy. But little more than one year later, Iceland's economy was r
Eagle Forum concerns instrumental in the development of the Compact for America Initiative by CFA CE
For the past 30 years, the Eagle Forum organization has consistently and effectively argued against the use of Article V of U.S. Constitution by the states to propose amendments. The Eagle Forum objections, as outlined in their publication entitled “Twenty Questions about a Constitutional Convention,” address the vagueries associated with the planning and conduct of the convention, such as how delegates are to be selected, who determines the number of delegates to each state
Take a Shot at the Compact's Balanced Budget Amendment!
With the input and peer review of numerous statesmen, legal, historical and fiscal experts, we at Compact for America believe that the Compact for a Balanced Budget advances the most transparent, non-gameable, non-partisan, plausible and powerful federal Balanced Budget Amendment ever yet proposed. We think there is no doubt that it will vastly enhance fiscal responsibility at the federal level compared to the status quo of unlimited borrowing capacity. Yes, that is quite a c
Which Article V Effort is Leading?
That's right. If you measure by distance to the goal of a ratified amendment to the U.S. Constitution, Compact for a Balanced Budget is clearly in the lead. It is entirely plausible that our effort could secure a federal Balanced Budget Amendment by July 4, 2017, if not sooner. But even if the other movements catch up, the Compact can roll with them too. Why? Because each time the Compact is passed into law, the powerful federal Balanced Budget Amendment it carries is simulta
Had Enough of the Political Class Cash Machine?
Einstein said the definition of insanity is doing the same thing over again under the same circumstances and expecting different results. For decades, Americans have tried to reform the political class in Washington by replacing one candidate with another or one party’s dominance with that of another. It hasn't stopped the Political Class from abusing their unlimited borrowing capacity and treating future generations like a cash machine for doling out favors, buying votes, an
Compact for America Reality Check
#compactforabalancedbudgetpitch
Why It is Time for the States to Join the Compact for a Balanced Budget
Georgia Public Policy Foundation hosts Constitutional Scholar Nick Dranias at its Leadership Breakfast. #compactforabalancedbudgetpitch
