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edits
Line 402: | Line 402: | ||
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: | ||
a. that the budget is balanced exclusively by cutting expenditures, and not by raising taxes; | a. that the budget is balanced exclusively by cutting expenditures, and not by raising taxes; | ||
b. that all spending is included in the budget; | b. that all spending is included in the budget; | ||
c. that neither the Legislative nor the Executive be permitted to override this requirement; and | c. that neither the Legislative nor the Executive be permitted to override this requirement; and | ||
d. that no exception be made for periods of national emergency. | d. that no exception be made for periods of national emergency. | ||