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Document:Libertarian Party Radical Caucus Platform 2016: Difference between revisions
Document:Libertarian Party Radical Caucus Platform 2016 (view source)
Revision as of 00:19, 25 April 2016
, 25 April 2016→6. Government Debt
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===6. Government Debt=== | ===6. Government Debt=== | ||
No person can rightly enter into a contract on behalf of another person without their consent. When governments accrue debt, they are in essence entering into debt on behalf of their constituents and the children of their constituents. We therefore call upon both houses of the United States Congress to promptly pass, and call upon the state legislatures to ratify, a constitutional amendment repealing Section 4 of the | No person can rightly enter into a contract on behalf of another person without their consent. When governments accrue debt, they are in essence entering into debt on behalf of their constituents and the children of their constituents. We therefore call upon both houses of the United States Congress to promptly pass, and call upon the state legislatures to ratify, a constitutional amendment repealing Section 4 of the Fourteenth Amendment, prohibiting future indebtedness and deficit spending on the part of the federal government, and repudiating all federal government debt and debt service obligations accrued prior to the ratification of said amendment. | ||
Until the national debt is repudiated, the federal government should have a balanced budget. To be effective, a balanced budget should provide: | Until the national debt is repudiated, the federal government should have a balanced budget. To be effective, a balanced budget should provide: | ||