David Jolly on Budget & Economy
In our lifetime, mandatory government spending on interest on the debt and our entitlement programs will likely consume every dollar the U.S. Treasury receives from the people, leaving only continued deficit spending to fund the basic functions of government--from defense to veterans, to transportation and infrastructure, to energy and the environment. I believe, as Thomas Jefferson did, that we as a nation are morally bound to pay our debts during the life of the majority and not burden future generations with debt created by ours. I support a balanced budget amendment.
The Federal Reserve Transparency Act directs:
The Christian Coalition Voter Guide inferred whether candidates agree or disagree with the statement, 'Passage of a Balanced Budget Amendment to the U.S. Constitution' The Christian Coalition notes, "You can help make sure that voters have the facts BEFORE they cast their votes. We have surveyed candidates in the most competitive congressional races on the issues that are important to conservatives."
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