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Reduce Quantitative Easing and reduce the amount of debt being added to the Federal debt until Quantitative is eliminate

Created by J.B. on December 03, 2013

Whereas the Federal Government spends $85 billion dollars a month on Quantitative Easing;

Whereas sequestration reduced spending by $85 billion for one year;

Whereas the President’s 2013-14 budget projects deficits and interest on the debt to exceed $500 billion dollars a year through fiscal year 2016, and projects the Federal Debt to exceed $20 trillion by Fiscal Year 2016;

Whereas the Budget Control Act of 2011 is the law of the land;

Whereas a budget has not been adopted since April 29, 2009;

Whereas sequestration will take place again without an adopted budget;

We request that either a budget be adopted or that Quantitative Easing be reduced by $170 billion this fiscal year (2013-14) and reduced by least $85 billion a year during subsequent years.

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