Exploding Propaganda Series (Post 5 of 7): Section 4's Enforcement Provisions
Section 4 of the Compact's BBA establishes the enforcement mechanism for the debt limit it establishes. It requires the President to specify what spending will not take place when we reach a red zone of borrowing capacity--98% used. It empowers Congress to override the President's "impoundments" in 30 days with equal or greater amounts. To encourage accountability for the Country's Chief Executive, the Amendment specifies that the President's failure to enforce the debt limit
Exploding Propaganda Series (Part 4 of 7): Section 3's "External Discipline" Requireme
The Compact for a Balanced Budget advances a specific Balanced Budget Amendment that you can read today, and which four states have already contractually committed to ratify. Read it here.
Section 3 of the Compact's Balanced Budget Amendment fleshes out the process by which the states approve increases in the constitutional debt limit set by section 2. The opposition typically criticizes the mechanics of the state approval process for increases in the constitutional debt li
Exploding Propaganda Series (Part 3 of 7): Section 2's Constitutional Debt Limit
The Compact for a Balanced Budget advances a specific Balanced Budget Amendment that you can read today, and which four states have already contractually committed to ratify. Read it here.
Section 2 of the Compact's Balanced Budget Amendment limits the federal government's borrowing capacity, initially, to no more than 105% of the outstanding full faith and credit debt owed by the federal government on ratification of the amendment. So if $20 trillion in debt were outstandi
George Mason Would be Proud!
George Mason University’s Institute for Humane Studies just launched its new national debt reform page and a huge chunk of the content they use is ours! It includes our podcasts, Dr. Sven Larson’s recent debt analyses, and a number of our blogs. Check it out! With 4 states joining the compact, endorsements from George Will, Judge Napolitano, Allen West, and Grover Norquist, plus the Center-Right academe now joining the fold, I think it is safe to say we’re on the right track!
C4A Live Episode 12: Baker Spring on Debt & National Security
A talk featuring CFAEF Council of Scholars member Baker Spring, Budget & National Security Expert. Baker Spring, MA Fellow, US Senate, Committee on the Budget (2014) Research Fellow, Hillsdale College (2014) F.M. Kirby Research Fellow in National Security Policy, Heritage Foundation (1989-2013) Baker has spent his entire professional career as a student of Congress and the legislative process. He was a Fellow with U.S. Senate Committee on the Budget in 2014, where undertook a
The Debt Doctor is In: Good and Bad BBAs
Dr. Sven Larson summarizes his findings, opinions and conclusions about good and bad Balanced Budget Amendments. Guess which ones are bad and which ones are good! #nonpartisanbalancedbudgetamendment #DebtDoctor
C4A Live Episode 11: Steve Slivinski Explains Why We Should Care About Fixing the Debt
C4A Live host Nick Dranias chats with CFAEF Council of Scholars member Steve Slivinski, Senior Research Fellow, Center for the Study of Economic Liberty, Arizona State University, about the economic gains to be had from limiting federal borrowing. Stephen Slivinski, MA Senior Research Fellow, Center for the Study of Economic Liberty Arizona State University Formerly Senior Economist - Goldwater Institute Steve is an expert in tax and budget policy at the state and federal lev
The Debt Doctor is In: Lessons from the Puerto Rico Debt Crisis
Dr. Sven Larson, resident International Economist and Debt Doctor, examines the Puerto Rico debt crisis and the lessons we can learn. #nonpartisanbalancedbudgetamendment #compactforamericacoreprinciples
C4A Live Episode 10: The Debt Doctor-Sven Larson Explains How the Compact's BBA is Different
C4A Live host Nick Dranias chats with CFAEF Council of Scholars member Dr. Sven Larson, Economist and resident Debt Doctor, about what international economics teaches us about the national debt. Sven Larson, PhD Formerly a Senior Fellow – Wyoming Liberty Group Sven Larson, originally from Sweden, is currently an economist with Republic Free Choice in Cheyenne, Wyoming. He was previously a senior fellow in economics with the Wyoming Liberty Group. After having earned his BA in
Oklahoma's Liberty Talk Radio Revisits the Compact for America Initiative
CFAEF President Nick Dranias talks to Joe Cristiano about the Compact for a Balanced Budget effort underway and why liberty lovers should join the movement. #CFARadioCoverage #nonpartisanbalancedbudgetamendment #articleveducation #compactforamericacorepriniciples
