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The House passed its “no budget, no pay” bill this week to try and prompt politicians addicted to spending to restore some sense of fiscal discipline to the nation’s capital. Now, Rep. Mo Brooks, Alabama Republican, has proposed a bill that would make the failure of future presidents to enforce a balanced budget an impeachable offense.
The Hill reports that Protecting America’s Solvency Act, H.R. 371, would put stringent caps on Congress, forcing it not to spend more revenue than is collected. Provisions in the law could be amended with a four-fifths majority vote.
“I have learned from experience that unless there is penalty … there is a significant risk that the executive, or for that matter the Senate or the House, won’t do it,” Mr. Brooks said.
Originally posted by xedocodex
Why didn't republicans propose this when a surplus was turned into a deficit???? Oh right....because that would have been Bush.
The only sensible time to pass such a law is when we are already in a budget surplus.
Originally posted by TrueAmerican
Originally posted by xedocodex
Why didn't republicans propose this when a surplus was turned into a deficit???? Oh right....because that would have been Bush.
The only sensible time to pass such a law is when we are already in a budget surplus.
Oh, I see. So the only time a president should be accountable is either when the GOP is in control, or when there is a surplus. Figures.
Originally posted by xedocodex
Why didn't republicans propose this when a surplus was turned into a deficit???? Oh right....because that would have been Bush.
The only sensible time to pass such a law is when we are already in a budget surplus.
Originally posted by TrueAmerican
Originally posted by xedocodex
Why didn't republicans propose this when a surplus was turned into a deficit???? Oh right....because that would have been Bush.
The only sensible time to pass such a law is when we are already in a budget surplus.
Oh, I see. So the only time a president should be accountable is either when the GOP is in control, or when there is a surplus. Figures.
Originally posted by xedocodex
reply to post by Wrabbit2000
Clinton passed a budget surplus off to Bush, he turned those into huge deficits he passed off to Obama along with a recession. Since Bush didn't include war spending in the budget, Obama did the responsible thing and included it, thus increasing the deficit even more, even though this was Bush spending.
Fact: Obama has increased Federal Spending by the lowest percentage in modern history.
I'm sorry, your Right Wing fantasy talking points only work on your fellow Fox News viewers.
Originally posted by michael1983l
Spending more than your taxation intake is sometimes very healthy for a country and at other times (like wartime) an outright nescessity. Pushing through this bill would be like throwing the baby out with the bathwater. Your politicians should be persuaded to keep a better budget by peoples vote, not by impeachment.
Originally posted by xedocodex
reply to post by Wrabbit2000
Clinton passed a budget surplus off to Bush, he turned those into huge deficits he passed off to Obama along with a recession. Since Bush didn't include war spending in the budget, Obama did the responsible thing and included it, thus increasing the deficit even more, even though this was Bush spending.
In 1974, a Democrat-dominated Congress in the throes of Watergate passed the Congressional Budget Act of 1974. Among other things, the act established the Congressional Budget Office and codified the notion of baseline budgeting. A budgetary baseline increases about 6% per year. Any expenditure less than that 6% yearly increase is portrayed as a budget cut by Democrats and their media lackeys. One of the games played by Democrats under this law is the passage of stimulus bills. When a stimulus is passed, it adds immediately to the budget baseline for that year and then for every succeeding year. So the Obama-Pelosi-Reid stimulus passed in 2009 added $787 billion of new spending to the federal budget in 2009. It then went on to add $834 billion of new spending in 2010 ($787 billion times 1.06 for the 6% yearly increase); $884 billion in 2011; and finally $937 billion in 2012. Over the last four years, this totals $3,442 billion more than would have been budgeted through the normal process -- which is precisely why the Democrats wanted it passed as a stimulus. Read more: www.americanthinker.com... Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook
Interestingly enough, the 2009 Obama stimulus was not the first stimulus passed by the Reid- Pelosi congresses. They passed a $152 billion stimulus in 2007 when the democrats retook majorities in the House and the Senate. Another $146 billion stimulus passed in 2008. President Bush signed both of them. The 2007 stimulus added $1,060 billion and the 2008 stimulus added $823 billion of new spending through 2012. Add the three totals together and you end up with $5,326 billion of new spending based simply on adding a new stimulus to the yearly budget baseline and never removing them. That $5,326 billion ($5.3 trillion) represents the entirety of the new deficit spending under the Obama administration which has not had one of their budgets passed since 2009. So what do we learn from all of this? First is that the Democrats are bloody good at deception and fraud. Read more: www.americanthinker.com... Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook