Topic: Balanced Budget

4 chapters across the catalog

Ron DeSantis conducts a media tour criticizing the Republican Congress for failing to implement DOGE spending cuts. He contrasts the federal government's escalating debt with Florida's fiscal success, noting that his state has paid off 41% of its debt and maintains the lowest per capita debt in the country. DeSantis calls for a balanced budget amendment and term limits to fix the "swamp" in Washington.

Peter St. Onge explains how the Federal Reserve hides the true cost of war and government spending through inflation. He notes that while the public may not feel the immediate impact of $100 billion sent to Ukraine, it manifests as rising prices for basic goods like eggs. The discussion covers the historical precedent of Paul Volcker and the likelihood that the current administration will choose currency devaluation over fixing the underlying debt.

The John Birch Society is actively working to stop the "Convention of States" project led by Mark Meckler. Gomez argues that Meckler uses false premises to promote the convention as a solution for term limits and fiscal restraint. The JBS and Eagle Forum previously successfully campaigned for "rescission resolutions" in the 1980s to revoke state applications for a balanced budget amendment convention.

GOP holdouts are pushing for votes on term limits, a balanced budget, and a "Fair Tax Act" as part of the Speaker negotiations. They also demand a minimum of 72 hours to read bills and a requirement for single-issue appropriations to prevent massive omnibus spending. Representative Dan Crenshaw is criticized for his vocal support of the existing establishment structure.