Report: the Republican Liberty Caucus Position Statement:
Source: Republican Liberty Caucus Position Statement
The Republican Liberty Caucus endorses the following [among its] principles:
There should be an amendment to the US Constitution to require a balanced budget, provided it includes a supermajority requirement to raise taxes and provided it does not empower the judiciary to unilaterally raise taxes.
Honest accounting dictates that all federal expenditures should be on budget.
Each budget should be derived based upon the justification for and needs of each program, with no program being either budgeted for or increased automatically.