XPost: alt.fan.rush-limbaugh, alt.home.repair, sac.politics   
   XPost: talk.politics.guns   
   From: me4guns@verizon.removeme.this2.nospam.net   
      
   "Mitchell Holman"  wrote in message   
   news:XnsB19DD22BB3734629555@185.151.15.190...   
   > "Scout"  wrote in   
   > news:v5hp6h$29muh$4@dont-email.me:   
   >   
   >>   
   >>   
   >> "Mitchell Holman"  wrote in message   
   >> news:XnsB19654CAE594D629555@185.151.15.160...   
   >>> Thank Joe Biden Democrats  wrote in   
   >>> news:5af043f071b0068d25570d415a641a89@dizum.com:   
   >>>   
   >>>> The United States is on a pace to add trillions of dollars to its   
   >>>> national debt over the next decade, borrowing money more quickly   
   >>>> than previously expected, at a time when big legislative fights loom   
   >>>> over taxes and spending.   
   >>>>   
   >>>> The Congressional Budget Office said on Tuesday that the U.S.   
   >>>> national debt is poised to top $56 trillion by 2034, as rising   
   >>>> spending and interest expenses outpace tax revenues. The mounting   
   >>>> costs of Social Security and Medicare continue to weigh on the   
   >>>> nation's finances, along with rising interest rates, which have made   
   >>>> it more costly for the federal government to borrow huge sums of   
   >>>> money.   
   >>>>   
   >>>> As a result, the United States is expected to continue running large   
   >>>> budget deficits, which are the gap between what America spends and   
   >>>> what it receives through taxes and other revenue. The budget deficit   
   >>>> in 2024 is projected to be $1.9 trillion, up from a forecast earlier   
   >>>> this year of $1.6 trillion. Over the next 10 years, the annual   
   >>>> deficit is projected to swell to $2.9 trillion. As a share of the   
   >>>> economy, debt held by the public in 2034 will be 122 percent of   
   >>>> gross domestic product, up from 99 percent in 2024.   
   >>>   
   >>>   
   >>>     And the cure for that is more tax cuts,   
   >>> more borrowing, and less enforcement of tax   
   >>> laws. Right.   
   >>   
   >> Well.... we've tried raising taxes, more borrowing and strong   
   >> enforcement of the tax laws.. and all it's gotten us is larger debt.   
   >>   
   >> Here's an idea... if politicians spend more than 95% of the revenue..   
   >> (remaining 5% to pay down national debt) they can't hold public   
   >> office.   
   >   
   >   
   >     And if a politician doesn't   
   > abide by your litmus test what   
   > then? Impeach them? Using what   
   > "high crime or misdemeanor"?   
      
   Well, whether they remain in office could be decided by a vote in their   
   district.   
      
   The way I see is in an emergency, or even non-emergency. Any official who   
   supports such an expenditure has a vote of confidence by the people of their   
   district. If they can get 60% approval or better, then the people decided   
   their actions were justified and they get an exemption for that time. If   
   they don't they get to finish out their term. If they drop too low say 30%   
   approval... they are removed from office. Between those they stay in office   
   until the end of their term and can run for office again.   
      
   In short, demand fiscal responsibility. There should be a means by which we   
   can have a means to decide if excessive spending has our approval or not.   
   This would allow the government to react in an emergency, but tend to   
   require it to be an actual emergency not one they fabricated to get   
   allowance to spend what they otherwise could not.   
      
   And while we are on the subject. repayment of this emergency spending would   
   have to be factored into future budgets on an equal annual basis such as   
   it's paid off within 20 years,   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)