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Have a bill introduced in Congress to balance the budget within 3 years, couple with a plan to pay off the National Debt

Created by R.R. on November 23, 2012

Congress introduce and President back Bill to balanced budget with 3 years and pass a Balanced budget Amendment along with this plan to pay off the National Debt by passing a temporary tax on all who work in the amount of one days pay or the equivalent to one days pay to be paid only on the National Debt, such tax to be discontinued when the Debt is paid. Unbalanced budget could only happen in case of National Emergency or War as determined by the President and to be confirmed by vote of Congress within 6 days. The tax to be collected by the Internal Revenue Service by adding to proper lines to tax forms.
As an addition to this bill tack on a provision to limit the terms of Representatives and Senators to the same as the President, Two 4 year terms.
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