The federal government spends more money each year than it collects in taxes and other revenue. That means annual spending deficits. Each deficit drives up the federal debt. Nick Dranias, president and executive director of the Compact for America Educational Foundation, has an interesting idea...
Published: Wednesday, May 27th, 2015 @ 10:30 am
By: John Locke Foundation
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The federal government spends more money each year than it collects in taxes and other revenue. That means annual spending deficits. Each deficit drives up the federal debt. Nick Dranias, president and executive director of the Compact for America Educational Foundation, has an interesting idea for
Published: Monday, May 25th, 2015 @ 7:12 pm
By: John Locke Foundation
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The United States could have a constitutional balanced budget amendment within a year, if enough states back a process spelled out by the group Compact for America.
Published: Thursday, December 18th, 2014 @ 7:04 pm
By: John Locke Foundation
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North Carolina state government is spending more money per person this budget year than ever before. A new John Locke Foundation Spotlight report documents that fact, which gets lost in ongoing debates about state budget "cuts."
Published: Sunday, August 24th, 2014 @ 11:50 pm
By: John Locke Foundation
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More than 30 members of the North Carolina House of Representatives filed House Joint Resolution 126 last week asking Washington for a federal amendment to the U.S. Constitution to require a balanced budget. Forty-nine of our fifty states have some sort of balanced budget or debt limit...
Published: Thursday, February 28th, 2013 @ 4:32 pm
By: John Locke Foundation
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