Six States to a Balanced Budget Amendment.
The States Must Target the Debt Via Convention
The root cause of the problem was best explained by the U.S. Senate Judiciary Committee when it concluded, “the many statutory constraints enacted over the years to control spending failed because no Congress can bind a succeeding Congress by simple statute.” Therefore, only a balanced budget amendment (BBA) will do. Given Congress’ 75-year failure to propose a BBA, the states must do so by calling an Article V convention.
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The Debt Threatens Everything We’ve Built
The U.S. national debt ($24.6 trillion) is now 7 times federal revenue ($3.6 trillion)—a serious imbalance that will cost us over $600 billion (16.5% of federal revenue) in 2020. We’ve already seen a $1 trillion spike in the 2020 deficit in just the last month as the Corona-virus stimulus starts to add up. It is hard to calculate where we will be at the end of the year, but the one thing we can say for certain is that it will be on for the record books.
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With 28 states, we are closing in on the 34 necessary to call an Article V convention to propose a Balanced Budget Amendment!
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President Ronald Reagan
Ronald Reagan was a strong supporter of the effort to propose a Balanced Budget Amendment (BBA) via the Article V Convention. He even mentioned it in his 1984 state of the union address. When describing his support Reagan said,
“We can’t depend on Congress to discipline itself … we must rely on the states to force Congress to act on our amendment. Fortunately, our Nation’s Founders gave us the means to amend the Constitution through action of state legislatures … That is the only strategy that will work.”
President Dwight Eisenhower
The five star general who led America through WWII and later served two terms as president recognized the Article V convention as the only constitutional method by which the people might peacefully reform their government. To illustrate this belief Eisenhower said,
“Through their state legislatures and without regard to the federal government, the people can demand a convention to propose amendments that can and will reverse any trends they see as fatal to true representative government.”
President George Washington
As the general who led the American colonies in revolt, George Washington recognized the need for a peaceful democratic method by which the states might reform the new federal government. While the nation was debating whether to adopt the new Constitution, he reminded a friend that the states retained power over the federal government via the Article V Convention:
“the constitutional door is open for such amendments as shall be thought necessary by nine (two-thirds of the) states.”
President Thomas Jefferson
Thomas Jefferson laid the foundation for the Article V Convention in the Declaration of Independence and later recommended that we eliminate the right of the federal government to borrow,
“If a government becomes self-destructive, it is the right of the people to alter or abolish it.”
