Neither party should be trusted with our nation's finances.
As a recent article from Business Insider points out, House Speaker Paul Ryan oversaw a massive increase in the federal deficit -- and he has no one to blame but himself.
In an interview on Thursday, Rep. Paul Ryan said one of the biggest disappointments from his term as House speaker was his inability to address the growing mountain of federal debt.
"On healthcare itself and debt and deficits, it's the one that got away," Ryan said at a Washington Post event.
As speaker, Ryan helped oversee a rise in spending that is already adding to the deficit. Under his tenure, the amount of outstanding federal debt grew by just over $2 trillion, and the federal deficit expanded from $438 billion in the 2015 fiscal year to $779 billion in the 2018 fiscal year.
And it's projected to get even more pronounced from here. The Congressional Budget Office estimates that the deficit in the 2019 fiscal year - which began October 1 - will be $981 billion. For the 2020 fiscal year, the CBO projects that the deficit will eclipse $1 trillion for the first time since the depths of the financial crisis.
It's time to get our country back on track. The Republicans won't do it, and neither will the Democrats. It's up to We the People to ensure the fiscal security of our children and grandchildren, and Article V of the Constitution gives us the power to do it.
Article V allows the people, acting through the states, to call a Convention of States for the purpose of proposing amendments to the U.S. Constitution.
These amendments can include a balanced budget amendment, but they can also cap taxation and spending. This complete package of amendments will force the feds to make the tough spending cuts they'll never make on their own. It will also force them to oversee how taxpayer money is spent and stop funding useless, wasteful government programs.
Sign the Convention of States Petition below to get involved!