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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (316933)	12/22/2006 8:02:15 AM
From: Road Walker	Read Replies (1) of 1577905

re: The real solution isn't to have a gentlemen's handshake that we will pay as we go. Instead, it is to pass a LAW that states that we cannot spend more than 90% of the previous year's tax revenues. If there is a surplus in the current year, then that surplus should be legally mandated to pay down the debt. That would ensure at least some fiscal responsibility. They have tried to pass a balanced budget amendment to the US constitution. It would be ironic if the "tax and spend" Democrats were the ones to finally get it done. (But I doubt it). John

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