Reading through the various updates I receive from a couple of dozen different sources every day, I ran across this in the Redstate Morning Update:
The cited WSJ op-ed piece:
Jeb Hensarling and Mike Pence: Time for a Spending Cap With Teeth - WSJ.com
So what do you think? How controversial would be a Constitutional Amendment limiting Federal Spending to no more and one-fifth of the economy?
At first blush it looks like too much to me.
But I'm open to being convinced.
Some of you may have already seen their op-ed in the Wall Street Journal, but three conservatives in the House, Congressmen Jeb Hensarling (TX), Mike Pence (IN), and John Campbell (CA) introduced a constitutional amendment today to control spending by limiting it to one-fifth of the economy. The Spending Limit Amendment would keep spending as a percentage of GDP at the historical average since World War II, as it is set to more than double in the years ahead. There is an in-depth look here. (big PDF file)
A Real Tea Party Worthy Amendment to the Constitution | Erick's blog
The cited WSJ op-ed piece:
Jeb Hensarling and Mike Pence: Time for a Spending Cap With Teeth - WSJ.com
So what do you think? How controversial would be a Constitutional Amendment limiting Federal Spending to no more and one-fifth of the economy?
At first blush it looks like too much to me.
But I'm open to being convinced.