What do you think about this idea for solving the budget crisis?

...

I have a radical idea on how we can solve our Nation’s budget crisis — and do so without raising the debt-ceiling or raising taxes.

The Bill of Rights contains this little gem:

“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” Amendment X to the Constitution of the United States of America

I therefore propose that we add an additional process to the Federal “checkbook”:

  • Before any check is written (any funds dispersed), the payee must cite the Article and Section in the Constitution wherein that payment is authorized by the Constitution.
  • If no such location can be found, the “check” is denied.
  • If a section is provided, but any member of Congress has grounds to object to the application of the provided Article/Section, the matter is to be sent to the Constitutional Oversight Committee who will then weigh the validity of the claim and challenge, and will decide whether or not the “check” is cut.
  • If the “check” is deemed valid under the 10th Amendment, but the funds required exceed the budgeted allotment the “check” is denied.
  • If denied to to “insufficient funds”, the matter is to be sent to the Budget Oversight Committee who will decide whether to pay out at the budgeted amount, or hold the check until the debt-ceiling or taxes are raised (and the funds have been deposited).

Tell me what you think in the comments!

If you like it, please retweet & “Like” it on Facebook!

One thought on “What do you think about this idea for solving the budget crisis?

  1. Pingback: option trading tips

Leave a Reply