Loss of Lioberty
Economic Dilemma that Leads to Global Economic Collapse and Loss of Liberty
Why Federal Budget Cannot Be Balanced
A Serious economic dilemma that leads us into global economic collapse & loss of liberty
By Shirley Spellerberg
I have previously written why we should not support a Balanced Budget Amendment. A BBA would lead to a loss of separation of powers with the Supreme Court making budget decisions when Congress could not come to agreement on a balanced budget. While balancing the budget is a desirable goal, raising the necessary revenues to offset the multi-trillion-dollar deficit would be too painful and cause deep political unrest with the deep cuts in spending to defense and entitlements that would be absolutely necessary.