Dr. de Rugy's Prescription for a Balanced Budget
In today's CFALive Podcast, nationally-known economist and fiscal policy expert Dr. Veronique de Rugy of George Mason University's Mercatus Center talks about what it would take to balance the federal budget.
Her prescription underscores the need for constitutional reform to spark the needed reforms.
As Dr. de Rugy points out - it will cause far less pain and afford much greater protection to vulnerable groups to plan ahead!
Without a constitutional limit on federal borrowing, DC has no reason to plan ahead much less make the hard choices that need to be made-until the system crashes.
So please help encourage DC to plan ahead by supporting Compact for America's effort to advance and ratify a powerful Balanced Budget Amendment.