I support a Balanced Budget Amendment to the US Constitution --- with immediate effect --- (as soon as we can get the damn thing passed... and screw Congress, they will *never* vote it out: let's go straight to a Constitutional Convention...), to bind this, and ALL FUTURE officeholders, to balanced budgets.
And I support Pay-as-you-Go rules (again, with *immediate impact*, although much less powerful then B.B.A., PAYGO can have at least a modest beneficial effect)... Bush should have never done away with PAYGO rules. If he (& Congress) hadn't the deficits we face today would not be as severe....
(As far as ANY OTHER proposed structural repair to our broken budgeting system? Mark me down as interested in all, and willing to listen.)
Oh, and let us not forget: a complete trashing of our existing (& massively over-complex, corrupted and unproductive) federal tax code.
To be replaced with a LOOPHOLE FREE flat rate (or... as close to flat rate as can be passed) SIMPLIFIED VERSION. The better to get our economy ignited again.
Now... if you agree with these three prescriptions, great!
And, if you *disagree*, then hopefully you have some ideas of your own to present. (Preferably ones that stand a CHANCE at structurally improving the long-term growth characteristics of our economy....) |
