Posted on 11/17/2011 7:43:47 PM PST by JOHN W K
SEE: House GOP sets vote on balanced-budget amendment
``House GOP leaders have scheduled a vote next week on a constitutional amendment that would require a balanced federal budget.``
Now, let us take a look at what the GOP offers to restrain our Congress which has brought our nation to the brink of financial suicide and a national debt of over $15 TRILLION which represents our nation‘s entire gross domestic product for one year!.
SEE H.J.RES.2, THE GOP BALANCED BUDGET AMENDMENT and particularly note alleged ``conservatives`` who have put their name to this fraud!
`Section 1. Total outlays for any fiscal year shall not exceed total receipts for that fiscal year, unless three-fifths of the whole number of each House of Congress shall provide by law for a specific excess of outlays over receipts by a rollcall vote.
Translation: Congress may override the amendment whenever it so desires when a mere 261 House members and 60 Senators agree to continue down its path of destroying America from within.
`Section 2. The limit on the debt of the United States held by the public shall not be increased, unless three-fifths of the whole number of each House shall provide by law for such an increase by a rollcall vote.
Another provision to break the chains requiring a balanced budget, and one which cleverly omits a requirement for specific increases in taxes to equal any proposed increase in the national debt!
`Section 3. Prior to each fiscal year, the President shall transmit to the Congress a proposed budget for the United States Government for that fiscal year in which total outlays do not exceed total receipts.
This provision is totally meaningless and mere window dressing to confuse the people, especially when figures can be made to mean whatever our folks in government want them to project as we have learned with Obamacare
Section 4. No bill to increase revenue shall become law unless approved by a majority of the whole number of each House by a rollcall vote.
Well, I guess we call all relax under this provision as a mere 217 votes in the House and 51 in the Senate is all that is needed by Congress to squeeze more blood out of the America People and continue down a path to financial suicide. This particular provision makes one wonder why “conservatives” have put their name to this supposed “balanced budget amendment”
`Section 5. The Congress may waive the provisions of this article for any fiscal year in which a declaration of war is in effect. The provisions of this article may be waived for any fiscal year in which the United States is engaged in military conflict which causes an imminent and serious military threat to national security and is so declared by a joint resolution, adopted by a majority of the whole number of each House, which becomes law.
After the words “declaration of war is in effect” the weasel wording which follows would be laughable if America’s national debt were not so grave, not to mention a mere majority vote is needed to give the finger to balancing the budget.. The flimflamery under this section is disgusting. Each House may ignore the requirement to balance the budget by simply declaring an existing military conflict has caused an “imminent and serious military threat to national security“. Have we not just seen how this “crisis” scare tactic mentality has been used to plunder our federal treasury under TARP? How it has been used to bail out auto companies which have blood sucking unions? Has been used to send BILLIONS upon BILLIONS of American taxpayer dollars to foreign banks, and used to increase the national debt beyond human comprehension? Why have “conservatives“ put their name to this crap?!
`Section 6. The Congress shall enforce and implement this article by appropriate legislation, which may rely on estimates of outlays and receipts.
Estimates of outlays and receipts? This is an in-your-face, screw the America People, we do what we want to do and what we want is to use mathematical illusions to enforce balancing the budget!
`Section 7. Total receipts shall include all receipts of the United States Government except those derived from borrowing. Total outlays shall include all outlays of the United States Government except for those for repayment of debt principal.
And what happens when total receipts derived from borrowing far exceed those for repayment of debt principal?
`Section 8. This article shall take effect beginning with the later of the second fiscal year beginning after its ratification or the first fiscal year beginning after December 31, 2016.'.
Now, let us take a look at our founding father’s no-nonsense method to balancing the annual budget
The Fair Share Balanced Budget Amendment
“SECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money
NOTE: these words would return us to our Constitution’s ORIGINAL TAX PLAN as our founders intended it to operate! And, they would remove the existing chains of taxation which now oppresses America‘s free enterprise system and robs the bread which working people have earned when selling their labor!
"SECTION 2. Congress ought not raise money by borrowing, but when the money arising from imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress has raised money by borrowing during the course of a fiscal year, Congress shall then lay a direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the preceding fiscal year's deficit, and apply the revenue so raised to extinguishing said deficit."
NOTE: Congress is to raise its primary revenue from imposts and duties, [taxes at our water’s edge], and may also lay miscellaneous internal excise taxes on specifically chosen articles of consumption. But if Congress borrows and spends more than is brought in from imposts, duties and miscellaneous excise taxes during the course of a fiscal year, then, and only then, is the apportioned tax to be laid.
"SECTION 3. When Congress is required to lay a direct tax in accordance with Section 1 of this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate each State's apportioned share of the total sum being raised by dividing its total population size by the total population of the united states and multiplying that figure by the total being raised by Congress, and then provide the various State Congressional Delegations with a Bill notifying their State’s Executive and Legislature of its share of the total tax being collected and a final date by which said tax shall be paid into the United States Treasury."
NOTE: our founder’s fair share formula to extinguish a deficit is:
States’ population
---------------------------- X SUM TO BE RAISED = STATE’S SHARE
Total U.S. Population
This formula, as intended by our founding fathers, is to insure that those states who contribute the lion’s share of the tax are guaranteed a representation in Congress proportionately equal to their contribution, i.e., representation with proportional obligation!
"SECTION 4. Each State shall be free to assume and pay its quota of the direct tax into the United States Treasury by a final date set by Congress, but if any State shall refuse or neglect to pay its quota, then Congress shall send forth its officers to assess and levy such State's proportion against the real property within the State with interest thereon at the rate of ((?)) per cent per annum, and against the individual owners of the taxable property. Provision shall be made for a 15% discount for those States paying their share by ((?))of the fiscal year in which the tax is laid, and a 10% discount for States paying by the final date set by Congress, such discount being to defray the States' cost of collection."
NOTE: This section respects the Tenth Amendment and allows each state to raise its share in its own chosen way in a time period set by Congress, but also allows the federal government to enter a state and collect the tax if a state is delinquent in meeting its obligation.
"SECTION 5. This Amendment to the Constitution, when ratified by the required number of States, shall take effect no later than (?) years after its ratification.
Now, why is it that our “conservative” talk show hosts [Rush Limbaugh, Glenn Beck, Sean Hannity, Laura Ingraham, Schnitt, Mark Levin, Dennis Prager, Bill O'rielly, Mike Gallagher, Lee Rodgers, Doc Thompson, Neal Boortz. Tammy Bruce, Monica Crowley, etc.,] give thumbs up to GOP RINO talk about a balanced budget amendment and neglect to ever mention our founding father's intended method to deal with deficits which is already part of our Constitution and simply being ignored?
JWK
"In matters of Power, let no more be heard of confidence in men, but bind him down from mischief by the chains of the Constitution"--- Jefferson
Just more of the same;
Section 2: The limit on the debt of the United States held by the public shall not be increased, unless three-fifths of the whole number of each House shall provide by law for such an increase by a rollcall vote.
Translation: Congress may override the amendment whenever it so desires when a mere 261 House members and 60 Senators agree to continue down its path of destroying America from within.
How can this country be saved with this kind of DC leadership?
It can’t and it won’t. Which leaves only one outcome. A total collapse. This country is in a death spiral and the best the GOP can do in the house is vote for a phoney bill, to act like they are doing something.
Both parties and their leaders are Posers
JWK
I don't think the Democrat leaders are posers, they talk socialism and quite effectively execute their socialist policies. The Republican "leaders" talk conservative, and quite effectively execute the Democrats socialist policies.
They’ve cashed in and don’t care about the country. And those who didn’t cash in are probably considered stupid by those who did. The same way they consider the voters stupid. And they have reason to do so.
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