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TOO FUNNY: Video shows what would happen if you managed debt like the federal government

Published in Blog on July 18, 2017 by Convention Of States Project

2069 original

Here's the situation. You're hundreds of thousands of dollars in debt. You only make $20,000 a year, and you spend over $30,000. You're unable to raise your income or cut your spending. What do you do?

Most people would figure out a way to cut spending. But if you're the federal government, you have a much different "solution."

Everyone knows the feds waste taxpayer money and spend beyond their means. What many don't know is that there's a way to force them to stop.

An Article V Convention of States can propose constitutional amendments that mandate responsible fiscal policy. These amendments can impose balanced budget restrictions as well as spending and tax regulations.

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