In 45 of the last 50 years, Congress has spent more money than it received in revenues—increasing the national debt to over $52,000 for every man, woman and child in the United States. [i]
The vast majority of Americans from across the political spectrum now. . .
- Believe the nation’s financial condition is a serious problem (92%).[ii]
- Are not confident Congress can solve economic problems (73%),[iii]
- Support a balanced budget amendment (74%).[iv]
To launch that process, please review the short, 23 word, sample Balanced Budget Amendment (BB1) and then give us your
- Your Own Proposal, and
send this on to others that may be interested in being heard.
Blair C. Henry J.D.
Source and Calculations Follow
Calculation: $16,366,422,407,639.99 divided by 315, 000,000 Americans equals approximately $52,122.36 per person.
[ii] Washington Post Poll by Abt-SRBI of New Work, August 9, 2011.
[iii] Washington Post Poll by Abt-SRBI of New Work, August 9, 2011.
[iv] CNN Poll conducted ORC International, Jul 18-20-2011.
Reason-Rupe survey in May 2011 finds 74 percent of Americans support implementing a spending cap that would prohibit the government from spending more money than it takes in during a fiscal year.