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Alexander Snitker on Budget & Economy |
The Contract from America, clause 3. Demand a Balanced Budget:
Begin the Constitutional amendment process to require a balanced budget with a two-thirds majority needed for any tax hike.
The Contract from America, clause 6. End Runaway Government Spending:
Impose a statutory cap limiting the annual growth in total federal spending to the sum of the inflation rate plus the percentage of population growth.
A Liberty Candidate will Defend the Great American Principles of Sound Money and Constitutional Government, [such as the views of] Peter Schiff, Senate 2010 candidate from Connecticut, on the Economy: "Strong fiscally conservative principles and beliefs that our economic recovery should be left to the free market through businesses and individuals--not the federal government."
And [such as the views of] R.J. Harris, Congress 2010 candidate from Oklahoma on Ending the Federal Reserve: "What goes on at the Fed is a clear example of the infringement upon our liberty and national sovereignty through Congressional delegation of its authority. Now, the Fed refuses to even let us see how much and to whom our money has been loaned or how much they have indebted the American People. They do so by rightly asserting that they are a private entity and therefore do not have to comply with orders to open their books. Our Congress has completely lost control over the creation of money and credit and now we are all going to pay the price of that abrogation of their duty."