Balanced Budget

Economy
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Balanced Budget. Each individual exception will be by yes votes by 95% of all house seats, 95% of all senate seats, and signed by President.

20 Likes
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And hold Congress accountable to meet the objectives, or they lose their job.

11 Likes
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The congress shall pass a balanced budget before the 30th of September each year. There shall be no deficit spending throughout the fiscal year without a declared national emergency. If the budget is not passed by midnight of the 30th, all congressional budgeting shall be suspended. No member of congress, their staff, or anyone who works for the congressional branch of government shall be paid until the budget is passed and sent to the President. There will be no back pay allowed for missed pay. Anyone under the congressional branch who is listed as essential shall report for work as normal or they will be immediately released from employment and be ineligible for government service or working on a government contract for a period of 5 years.

22 Likes
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I would like to see no raises for them without our consent and the amount they get should be determined by we the people. Also no vacations or month off whenever until budget is balanced and passed to the president.

7 Likes
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Allow a 2/3 vote by Congress to pass policies that exceed budget, in the event of emergencies. 2/3ds in order to make it difficult, so they won’t just declare everything an emergency.

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Any annual deficit is billed to the states on the basis of their population as used for determining congressional representation. The annual budget must repay 1/40th (2.5%) of the outstanding debt each year.

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Warren Buffett’s idea: "You just pass a law that says that any time there’s a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.”

13 Likes
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That was said before we had $35 Trillion of debt.

We need a process which reduces the national debt slowly and consistently.

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To balance the budget, there needs to be a transparent and complete audit of ALL Government agencies. The practice of transferring funds between agencies for political agendas needs to stop. I assert that there be a 2-year funding of Federal Government agencies approved by US voters on ballot initiatives during every 2-year Federal election cycle. This will bring citizens into the Federal Government budget process and force transparency. ALSO: No more Congressional pay raises unless approved on ballot initiative every 2 years by US voters.

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No make up for Congress employees who lose the salaries when Budgets do not meet deadlines. Also require that a balanced budget include a repayment of 10% of the debt amount on the date of passage until the debt is retired.

1 Like
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If they cannot vote a balanced budget by whatever deadline, they should be put up for immediate re-election in NOV regardless of where they are in their 2 or 4 yr cycle.

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12

Absolutely all of this!

2 Likes
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I can’t take credit for this except that I have saved it for 13 years but this would be an excellent forum for sharing it again.

Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:

“I could end the deficit in 5 minutes,” he told CNBC. "You just
pass a law that says that anytime there is a deficit of more
than 3% of GDP, all sitting members of Congress are ineligible
for re-election.

The 26th amendment (granting the right to vote for 18 year-olds)
took only 3 months & 8 days to be ratified! Why? Simple!
The people demanded it. That was in 1971 - before computers, e-mail,
cell phones, etc.

Of the 27 amendments to the Constitution, seven (7) took one (1) year
or less to become the law of the land - all because of public pressure.

Warren Buffet is asking each addressee to forward this email to
a minimum of twenty people on their address list; in turn ask
each of those to do likewise.

In three days, most people in The United States of America will
have the message. This is one idea that really should be passed
around.

Congressional Reform Act of 2012

  1. No Tenure / No Pension.

A Congressman/woman collects a salary while in office and receives no
pay when they’re out of office.

  1. Congress (past, present & future) participates in Social
    Security.

All funds in the Congressional retirement fund move to the
Social Security system immediately. All future funds flow into
the Social Security system, and Congress participates with the
American people. It may not be used for any other purpose.

  1. Congress can purchase their own retirement plan, just as many
    Americans do.

  2. Congress will no longer vote themselves a pay raise.
    Congressional pay will rise by the lower of CPI or 3%.

  3. Congress loses their current health care system and
    participates in the same health care system as the American people.

  4. Congress must equally abide by all laws they impose on the
    American people.

7.All contracts with past and present Congressmen/women are void
effective 12/1/12. The American people did not make this
contract with Congressmen/women.

Congress made all these contracts for themselves. Serving in
Congress is an honor, not a career. The Founding Fathers
envisioned citizen legislators, so ours should serve their
term(s), then go home and back to work.

If each person contacts a minimum of twenty people then it will
only take three days for most people (in the U.S.) to receive
the message. Don’t you think it’s time?

THIS IS HOW YOU FIX CONGRESS!

If you agree, ‘like it’.

2 Likes
14

This part is key. That provides the incentive to complete it and on time.

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We can also pass Senator Rand Paul’s Balanced Budget Amendment to the Constitution!

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If the budget runs at a deficit, or is not passed by the deadline, no one in the House or Senate is allowed to be relected the following term.