In the wake of Speaker Paul Ryan’s departure from the House, Forbes ran an article on Wednesday entitled “Paul Ryan’s Most Lasting Legacy: Permanent Trillion-Dollar Deficits.” It blames Ryan for the tax bill and the omnibus package, the combination of which the Congressional Budget Office announced will increase the deficit to over $1 trillion.
The solution must go far deeper than a new Speaker of the House. The solution must address the systemic problems in Washington, and the only way to do that is via a Convention of States.An Article V Convention of States can propose constitutional amendments that overturn a century of misinterpretation by the Supreme Court and put real limits on Congress’ ability to tax and spend. These amendments can both force the feds to balance the budget and limit spending. Such requirements would compel Congress to make the tough spending decisions for the good of the American people, and save future generations from a lifetime of national debt.
WHAT’S A CONVENTION OF STATES ANYWAY?
Article V of the U.S. Constitution gives states the power to call a Convention of States to propose amendments. It takes 34 states to call the convention and 38 to ratify any amendments that are proposed. Our convention would only allow the states to discuss amendments that, “limit the power and jurisdiction of the federal government, impose fiscal restraints, and place term limits on federal officials.”
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