Federal spending is out of control. Even President Obama knows it. To really stop the madness, Reps. Jeb Hensarling (R-TX), Mike Pence (R-IN), and John Campbell (R-CA) have proposed a simple solution – a constitutional amendment capping federal spending at 20 percent of the economy. Their proposal puts the debate …
The federal government’s bailout parade wasn’t enough to save California this week. In a move that drew praise from some conservative quarters, President Obama refused to send federal aid to the Golden State. California had asked the Treasury Department to help with its $24 billion deficit. But rather than open …
This week’s debate over the Medicare bill (H.R. 6331) ranks as the biggest battle over health care policy since last year’s bitter debate over the reauthorization of the State Children’s Health Insurance Program (SCHIP). President Bush, vowing to oppose any bill that would curtail the personal choices or benefit options …
Reps. John Campbell (R-CA) and Jeb Hensarling (R-TX) have offered a constitutional amendment that would forbid federal spending from growing faster than the economy (as defined by the nominal gross domestic product). Both lawmakers should be applauded for acknowledging that runaway spending – rather than low tax revenues – is …
