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Push for adoption of a Balanced Budget Amendment

Created by C.D. on January 30, 2014

We the people believe that government must try to stop this madness of running in the red!

3 Impacts to continued deficits

1. Pyramid debt- this happens when in the future, the interest that we pay on our debt will be so high that we won't be able to afford paying it through normal means, and will be forced to borrow to pay for borrowed money

2. Hurts future generations- government debt now means less ability to spend later, as techniques used to control the debt then will be super radical as they still have to consider interest

3. International standing- what happens when the people begin to realize that the US is broke? Not only a loss in national prestige, but a downgrade in out ability to pay our debt

Government & Regulatory Reform
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