To: pyx
Better than a BBA, would be a law that simply capped federal spending at 18% of GDP.
5 posted on
07/29/2011 11:22:18 AM PDT by
kevao
To: kevao
Whatever happens with these votes, expect Lucy to move the football.
7 posted on
07/29/2011 11:23:27 AM PDT by
Mouton
(Voting is an opiate of the electorate. Nothing changes no matter who wins..)
To: kevao
Better than a BBA, would be a law that simply capped federal spending at 18% of GDP.
It's short, sweet, simple, and easy to enforce. I could sign on for that. Minor tweak: the GDP should be a prior three year average to prevent the use of future year "estimates" to inflate spending levels as is done today in budgeting. For example, surge-level defense expenditures were projected over the next ten years as a baseline for making budget cuts. Reductions from that imaginary base line were called "savings", even though the surge is over and that money would never have been spent in the first place. We have to insist on a known average to prevent such phantom numbers.
15 posted on
07/29/2011 11:38:20 AM PDT by
so_real
( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
To: kevao
I agree. A spending cap related to GDP is a fine idea. Otherwise, pols would simply raise taxes to balance the budget.
20 posted on
07/29/2011 12:20:33 PM PDT by
Army Air Corps
(Four fried chickens and a coke)
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