I thought this link and this letter from Senator DeMint was worth consideration if we are serious about our national debt. Read the letter and click the link to get the ball rolling.
http://senateconservatives.com/stopthedebt
Dear Fellow Conservative:
The first major test for Republicans this year will be on how we address our nation’s exploding debt. We are quickly approaching the statutory debt limit of $14.3 trillion so this issue will come to a head very soon.
President Obama wants Congress to raise our nation’s debt ceiling again without doing anything serious to cut spending and balance the budget. His economic advisor, Austan Goolsbee, recently argued that the sky would fall unless we keep borrowing. But the truth is the sky is already falling BECAUSE we keep borrowing.
We must stop the debt and balance the budget, and that’s why I’m writing to ask for your help today.
There are senators on both sides of the aisle who hope their constituents won’t be paying attention when the Senate considers the debt limit in February. They want to quietly vote for more debt without paying a political price.
We can’t let that happen.
Please join me in doing two things right now.
First, visit http://stopthedebtpledge.com and sign our “Stop the Debt” pledge. It states, “I hereby pledge to support only those candidates who demand that Congress stop the debt and pass a Balanced Budget Amendment.”
In the last 10 years, Congress has raised the debt ceiling 10 times, but it has not voted a single time to pass a Balanced Budget Amendment. The only way to keep Congress from creating more debt is to pass a Constitutional Amendment that forces it to balance the budget without raising taxes.
Second, call your senators and tell them to “stop the debt and balance the budget”. Urge them to do everything it takes, including a filibuster, to block the debt limit increase and pass the Balanced Budget Amendment. Click here to contact your senators.
The Balanced Budget Amendment will:
Require Congress to balance the federal budget each year
Prevent Congress from spending more than 20 percent of GDP
Require a 2/3 super-majority vote to raise taxes
Every state except for Vermont has a requirement to balance its budget and so should Congress. This is a commonsense reform that is overwhelmingly supported by the American people. There is no reason why the Senate cannot pass the Balanced Budget Amendment.
The last time the Senate voted on the Balanced Budget Amendment was in 1997 when it was just one vote shy of the 67 votes needed for adoption.
We can win this policy battle if we’re willing to fight for our principles. All 47 Republicans voted in November to make the Balanced Budget Amendment the policy of the Senate Republican Conference, and there are 23 Democrats up for re-election in 2012 who won’t want to vote against it.
The President may attack conservatives who filibuster the debt limit and accuse us of putting the nation at risk, but the President and the politicians in Congress who refuse to balance the budget are the ones hurting our country. The time has come for Americans to draw a line in the sand and say “enough is enough”.
Please sign the “Stop the Debt” pledge, forward it to your friends and family, and call your senators to urge them to stop the debt and pass the Balanced Budget Amendment.
Respectfully,
Jim DeMint
United States Senator
Chairman, Senate Conservatives Fund
Posted on January 19, 2011 at 8:12 am in Political commentary | RSS feed
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No Loss for Words
Balance the Federal Budget
by Steve DanaI thought this link and this letter from Senator DeMint was worth consideration if we are serious about our national debt. Read the letter and click the link to get the ball rolling.
http://senateconservatives.com/stopthedebt
Dear Fellow Conservative:
The first major test for Republicans this year will be on how we address our nation’s exploding debt. We are quickly approaching the statutory debt limit of $14.3 trillion so this issue will come to a head very soon.
President Obama wants Congress to raise our nation’s debt ceiling again without doing anything serious to cut spending and balance the budget. His economic advisor, Austan Goolsbee, recently argued that the sky would fall unless we keep borrowing. But the truth is the sky is already falling BECAUSE we keep borrowing.
We must stop the debt and balance the budget, and that’s why I’m writing to ask for your help today.
There are senators on both sides of the aisle who hope their constituents won’t be paying attention when the Senate considers the debt limit in February. They want to quietly vote for more debt without paying a political price.
We can’t let that happen.
Please join me in doing two things right now.
First, visit http://stopthedebtpledge.com and sign our “Stop the Debt” pledge. It states, “I hereby pledge to support only those candidates who demand that Congress stop the debt and pass a Balanced Budget Amendment.”
In the last 10 years, Congress has raised the debt ceiling 10 times, but it has not voted a single time to pass a Balanced Budget Amendment. The only way to keep Congress from creating more debt is to pass a Constitutional Amendment that forces it to balance the budget without raising taxes.
Second, call your senators and tell them to “stop the debt and balance the budget”. Urge them to do everything it takes, including a filibuster, to block the debt limit increase and pass the Balanced Budget Amendment. Click here to contact your senators.
The Balanced Budget Amendment will:
Require Congress to balance the federal budget each year
Prevent Congress from spending more than 20 percent of GDP
Require a 2/3 super-majority vote to raise taxes
Every state except for Vermont has a requirement to balance its budget and so should Congress. This is a commonsense reform that is overwhelmingly supported by the American people. There is no reason why the Senate cannot pass the Balanced Budget Amendment.
The last time the Senate voted on the Balanced Budget Amendment was in 1997 when it was just one vote shy of the 67 votes needed for adoption.
We can win this policy battle if we’re willing to fight for our principles. All 47 Republicans voted in November to make the Balanced Budget Amendment the policy of the Senate Republican Conference, and there are 23 Democrats up for re-election in 2012 who won’t want to vote against it.
The President may attack conservatives who filibuster the debt limit and accuse us of putting the nation at risk, but the President and the politicians in Congress who refuse to balance the budget are the ones hurting our country. The time has come for Americans to draw a line in the sand and say “enough is enough”.
Please sign the “Stop the Debt” pledge, forward it to your friends and family, and call your senators to urge them to stop the debt and pass the Balanced Budget Amendment.
Respectfully,
Jim DeMint
United States Senator
Chairman, Senate Conservatives Fund
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Posted on January 19, 2011 at 8:12 am in Political commentary | RSS feed | Reply | Trackback URL
One Comment to “Balance the Federal Budget”
January 19, 2011 at 8:35 am
FIVE THINGS THE FEDERAL GOVERNMENT CAN CUT!!!
1. CUT & Roll back Federal Government Employee Salaries Thirty Percent!
2. Decrease Federal Employee benefits 30 Percent!
3. Raise Federal Employee retirement age too equal Social Security benefit age requirements.
4. Cap & Freeze the Thirty Percent reduced Federal Employee wages until Federal Government builds a Five Trillion Dollar emergency fund that the earning on the secure & Guaranteed Five Trillion Dollars fund provide for salary increases. (Only the earnings)
5. Top Federal Salary: $180,000 — Limit of Ten Top salaries
Federal Government Budget Problems SOLVED without anyone loosing their job!!!
Protect: Active Duty Military with no change