Showing 4 ideas for tag "balanced budget"

Legislative Branch

Eliminate Congressional Lifetime Salary

Congressmen refuse to be held to a higher standard, and as such, they should not and usually are not. Therefore, they should earn their salaries and retirement as every red-blooded American currently does - work 20/30 years before they are eligible to receive any REDUCED retirement annuity benefits (50 - 80%) as do all red-blooded Americans currently do. No average American receives his ENTIRE current salary for having... more »

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Department of Homeland Security

Put an end to "use it or lose it funding"

All federal agencies I've been involved with go through the same thing at the end of every fiscal year - a huge spending spree, many times on items not needed, to spend down money before it is swept away. A big reason for this is fear that the budget requests for the following year may not be approved if the agency did not spend it's entire budget in the current year.
This is wasteful spending of money. The so called... more »

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Legislative Branch

better incentives to reduce deficit

This is Warren Buffets idea but we should pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection. In addtion the balanced budget proposal being debated should include the election ineligibillty clause.
These align the nations interests with the personal interests of members of congress and could save trillions of dollars.

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