debt

A Balanced Budget Amendment

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Here is an excellent piece from the CATO Institute on why the US needs a Balanced Budget Amendment.   It includes this awesome graphic illustrating the way our national debt has grown over the last thirty-years.   After looking at that can anyone doubt that America as a nation needs to quit borrowing money and spending it like a drunk sailor on Liberty?  The issue with America, specifically our government, is that they have gotten addicted to spending money we don’t have.   I have said for years that if I ran my personal accounts like the government does theirs I would be in jail for fraud.   It is … More after the Jump…

The Ryan Budget Plan- The GOP Path to Prosperity

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About a month ago I asked when we were going to have a serious conversation about our national debt, it looks like that time might be now if our Republican and Tea Party congressman have the courage to grab the moment with the release of Rep. Paul Ryan‘s budget plan.   Ryan, a Republican from Wisconsin, is the author of the Roadmap for America, and is Chairman of the House Budget Committee. he outlined the new GOP budget proposal today in a piece in the Wall Street Journal titled The GOP Path to Prosperity. It seems to me that the ball is now in the Democrat’s court. They must explain why … More after the Jump…