As Republicans vacate their leadership of the U.S. House of Representatives, it's worth noting how they managed to promote fiscally responsible policies while they held the reins of power.
In a word, they didn't.
According to CNS News:
The recently deposed Republican majority increased the federal debt by $7.9 trillion in the eight years it controlled the House of Representatives.
At the close of business on Jan. 4, 2011, the day before the Republicans took control of the House, the debt was $14,014,049,043,294.41, according to the Treasury.
On Jan. 3, 2019, the last day before the Republicans turned control of the House back to the Democrats, the debt closed at $21,929,258,046,653.58.
So, under the Republican House majorities in four Congresses, the debt climbed $7,915,209,003,359.17.
Republicans want to cut taxes and Democrats want to raise spending. The problem is, neither party is willing to do the one thing that could get our nation back on track: cut spending.
Politicians from both parties have too much incentive -- whether from special interests or their reelection campaigns -- to keep giving government handouts to their constituents.
If we want to secure the future of our children and grandchildren, we have to force their hand, and we can do it with an Article V Convention of States.
A Convention of States has the power to propose constitutional amendments that mandate fiscal responsibility. But unlike other movements for an Article V convention, the Convention of States Project allows for multiple amendments to be proposed rather than simply a balanced budget amendment.
These additional amendments will ensure that the feds don't simply raise taxes to balance the budget. These amendments can include tax caps and spending limits, measures that will finally force DC to cut the dozens of wasteful, duplicative, and unnecessary government programs.
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