Still to be addressed is the fact it could take years for the states to ratify this.
Sen DeMint, sorry, I can't go along with this. Please do filibuster the debt ceiling. But don't attach your action to something so fanciful and out of reach.
Jim DeMint Ping!
Want on or off this ping list? Just FReepmail me.
Follow Sen. DeMint on Twitter.
I’m reminded that President Reagan wished for and wanted a line item veto made available to the presidency. Unfortunately you’re correct, things like this are simply not going to happen. A former employer who I personally disliked once said to me, “[Artemis] you’ve got to learn to pick your fights”. The simple fact of the matter is that congress is not going to cede massive amounts of it’s own power, we can elect tea-party candidates till we’re blue in the face, it’s just not going to happen.
Budgets can be balanced at 100% of the GDP. Balancing the budget simply treats the symptom. States have a proven capability to confiscate and spend everything their people make, at which point we are slaves. The government need to be tied to strict percentage of our labor.
I want a absolutely flat tax amendment. There must be no deductions, no credits, no exemptions, no withholding, no exceptions and the percentage must be enshrined within the amendment only to be altered by amendment. It’s the only way to ever get a balanced budget.
Sen DeMint, sorry, I can’t go along with this. Please do filibuster the debt ceiling. But don’t attach your action to something so fanciful and out of reach [as a Balanced Budget Constitutional Amendment].
I agree with you that DeMint SHOULD filibuster the debt ceiling increase — but to what purpose? To what end? There has to be a goal? He has to want something in order to keep the debt ceiling increase from happening, else to get some kind of concessions to ALLOW the increase to occur...?
Simply obstructing the debt ceiling increase for no good (or apparent reason) will only get him painted as public enemy #1 when things fell apart (or when the Press painted things in those terms, and you KNOW they would).
Perhaps a better idea is to FORCE ther Federal Government onto the ULTIMATE CRASH DIET — financially speaking. A “Government Shutdown” in REAL terms, simply means that the Government will ONLY be able to operate the programs and pay the personnel they can afford, based on the REVENUE THEY RECEIVE! In other words, to refuse to raise the Debt ceiling IS TO BALANCE THE BUDGET, to LAY OFF ALL NON-ESSENTIAL FEDERAL GOV’T PERSONNEL, CUT ALL WASTEFUL PROGRAMS, etc. :-D
The Feds usually take in about $150-$200 Billion a month in gross revenue. That’s somewhere in the neighborhood of $1.8-$2 TRILLION. This year, our budget was between $3.4-$3.6 TRILLION. Thus, the annual deficit of approx $1.4-$1.6 Trillion. Shut down the Federal Gov’t, REFUSE to raise the “debt ceiling,” and the Gov’t can BORROW NO MORE MONEY to send us FURTHER INTO DEBT. But we can still spend the nearly $2 TRILLION in gross revenues we get every year.
Don’t raise the debt ceiling = BALANCED BUDGET, CUT GOV’T SPENDING, CUT WASTE, etc.... There ya go :-)