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Our first President, George Washington, strongly cautioned our country to avoid keeping a large public debt.
 

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Americans for a Balanced Budget Amendment (ABBA)
Written by Alan Parks   
Friday, 12 October 2007

Balanced BudgetWe believe that passage of a Balance Budget Amendment (BBA) will be one of the greatest, most meaningful achievements of this generation. The BBA can put this country back onto a sustainable course for future growth and prosperity if we limit our burdensome debt load.  The BBA would force politicians to be wiser with our tax dollars and force them to cut out frivolous spending.

This measure will strengthen our nation.  Only the strong can help the weak. A strong nation is in a better position to help with the ills, maladies, and problems of our own people as well as others around the world.

A BBA will help individual families.  It will give us a stronger and more stable economy and will limit the amount we have to pay in taxes to service the debt.  This will, in turn, put more money into the pockets of our families to pay for their own needs and will allow them more money to donate to charitable causes such as cancer research, famine relief, local churches, boy scouts, girl scouts, habitat for humanity, etc.  In other words, other charities will benefit from a BBA now, which will have beneficial effects on all charitable causes far into the future.

Seven questions all Americans must ask:

  • Must the most prosperous nation in the history of mankind resort to  borrowing (some would say "stealing") from its children in order to pay its current bills?

  • Do Americans have so little self-control that we must regularly resort to spending 10-30% more than our yearly revenues year after year, decade after decade?

  • We are already over 9 trillion dollars in debt.  Do we believe it is wise to keep adding hundreds of billions of dollars to this every year?

  • Do you believe that the trillion dollars spent to service our debt over the last 5 years was money well spent?

  • Do you trust that our politicians in Washington will suddenly become  paragons of responsibility and self-control after adding two trillion dollars in debt in the last 6 years alone?

  •  Do we believe that it is vital to borrow from our kids to pay for things like a 250 million dollar bridge to nowhere in Alaska? 

  • (More ominously)  Do you believe that the Chinese are yearly adding 300-400 billion dollars more to the debt load of their children year after year? Is it any wonder that the 21st century is predicted to be the century of the Chinese? 

If you answered "no" to any of the above questions, and if you want to solve the problem, then we urgently need your support.

Last Updated ( Thursday, 06 December 2007 )
 
A BBA Perspective
Written by Administrator   
Monday, 09 August 2004
Ronald Reagan, in his farewell address, identified a balanced budget amendment, and a line item veto as two of the most important things this country needs.
Last Updated ( Thursday, 19 October 2006 )
 
BBA in History
Written by Administrator   
Monday, 09 August 2004
Our first President, George Washington, strongly cautioned our country to avoid keeping a large public debt.
Last Updated ( Thursday, 19 October 2006 )
 

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