Since 2009, the U.S. Government has borrowed more than $1 trillion each year, pushing the national debt from $10 to $17.5 trillion or $151,000 per tax-payer. The 2014 budget deal negotiated by Democrats and Republicans will push the national debt to $18.25 trillion – proving that Washington will not change.
Our financial situation is so dire that foreign creditors like China & Japan have refused to loan us any significant amount over the last two years – forcing our government to fund its deficits by raiding Social Security & Medicare while forcing the FED to print electronic currency – the last act of a desperate nation.
To prevent a severe economic collapse, we must propose and ratify a Balanced Budget Amendment to the U.S. Constitution via a Convention of the States.
Fortunately, 24 states (of the 34 required) have already applied for a convention to propose a Balanced Budget Amendment, and we have legislative sponsors in the remaining 10 states. With your help, we can reach that goal by April 15, 2015!Join the Fight