The Backbone of the Compact's BBA-Part 1 of 7
This posting is the first in a 7 posting explaining the Balanced Budget Amendment at the heart of the Compact for a Balanced Budget. The goal of this series is to explain each of the 5 substantive sections of the Compact's 629 word Balanced Budget Amendment in light of the 6th definitional section so that you will have perfect clarity on its meaning and policy implications. This is a BBA that is designed to fix the national debt by strongly incentivizing the correct policy ch
NPR Covers Compact for America!
And gives us a fair shake. Check out the most fair and balanced interview by a National Public Radio Host on the issue of a Balanced Budget Amendment ever! It is a short interview of CFAEF President Nick Dranias focusing by Steve Goldstein on KJZZ "Here and Now." Dare we say that the fate of Greece is cutting through partisan divides and changing the discussion for thinking people across the spectrum? #articleveducation #compactforamericacoreprinciples #nonpartisanbalancedbud
The Debt Doctor Is In: The Benefits of a BBA
Dr. Sven Larson is the resident "Debt Doctor" among our Council of Scholars. He has the unique ability to explain why the Compact for a Balanced Budget just makes good economic sense from just about any perspective. This is the first in a running series of "Debt Doctor" posts linked to Dr. Larson's blog site. In part 1, Dr. Larson underscores the importance of a well-designed Balanced Budget Amendment from an economic perspective that should resonate across the political spec
Why Join the Compact for America Initiative
#compactforamericacoreprinciples #nonpartisanbalancedbudgetamendment #socialmedia
Got Fewer than 2 Minutes to Learn How to Save the Republic?
Watch this John Locke Foundation video about the powerful non-partisan federal Balanced Budget Amendment at the heart of Compact For America's-Compact for a Balanced Budget. Watch as Compact For America's President & Executive Director, Nick Dranias explain how Article V will lead us to fiscal sanity. As always... share liberally! #nonpartisanbalancedbudgetamendment #johnlockefoundation #federalbudget #balancedbudgetamendment #compactforamerica #compactforabalancedbudget #art
Balancing the Budget "Ultra Conservative?" NOT!
Local Public Radio in Florida recently declared that Compact for America initiative was "ultra conservative." You can read the piece and listen to the sound bite here. They're wrong. There's nothing "ultra conservative" about wanting to balance the federal budget. Just ask former U.S. Senator Paul Simon, whose early advocacy of a federal Balanced Budget Amendment was hardly an instance of "ultra conservativism." You can read about his principled policy stance here. Although t
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
$18 Trillion is No Longer Knocking
Say hello to the post-$18 trillion national debt era. It is not a pretty sight. If the debt is to be repaid by taxes, the federal government is laying claim to a huge chunk of our kids' future incomes for programs that mostly will not benefit them, if they benefit anyone. If the debt is to be repaid by dollars made cheaper through inflation, the federal government is undermining the certainty, savings and investment needed to grow the economy to produce income for our kids. I
FAQ Series Question #2: Should Congress Have the Unilateral Power to Suspend the Balanced Budget Ame
Today's blog is the second in a multi-part series that will quickly and directly answer some of the most frequently asked questions we get about the Compact for America initiative. Enjoy! * * * Should Congress Have the Unilateral Power to Suspend the Balanced Budget Amendment’s Debt Limit in Times of Declared War or Other Emergency? No. The Compact’s Balanced Budget Amendment already allows for flexibility to borrow for wars and emergencies—as much flexibility as is consisten
FAQ Series Question #1: Does the Compact's Balanced Budget Amendment Fundamentally Change the Consti
Today's blog is the first in a multi-part series that will quickly and directly answer some of the most frequently asked questions we get about the Compact for America initiative. Enjoy! * * * Does the Compact's Balanced Budget Amendment Fundamentally Change the Constitution? No. The Compact's Balanced Budget Amendment restores the Constitution’s fundamental design of establishing a federal government of limited and enumerated powers, which would be directly and actively chec
