From: Balanced Budget Amendment Task Force
To: Scott Jenkins,
Subject: Conference Call: Discuss Herman Cain Meet and Greet - Balanced Budget Amendment Reception - Friday, July 25, 2014 at 4:00 EST
Date: Thu Jul 24 18:45:24 MDT 2014
Body:
Discuss Herman Cain Meet and Greet and BBA Reception Events

Dear Scott,  

 

You are invited to participate in the Balanced Budget Amendment Task Force's weekly conference call to move forward the campaign to reach the necessary 34 state applications requesting a Convention for Proposing Amendments to solely consider a Balanced Budget Amendment.

  

We have assembled the nation's best experts on the history of Article V and the Balanced Budget Amendment. We hope you will join the campaign!

  

Please join us Fridays at 4:00 PM EST

  

BBATF Conference Call

 

1. Please join my meeting.
https://global.gotomeeting.com/meeting/join/614167525 

 

Password: BBA2015

 

2. Use your microphone and speakers (VoIP) - a headset is recommended. Or, call in using your telephone.

 

United States+1 (213) 493-0622

Access Code: 614-167-525
Audio PIN: Shown after joining the meeting

Meeting ID:614-167-525

 

GoToMeeting
Online-Meetings made easy

 

Agenda

 

1. Discuss ALEC Conference Planning

  • Herman Cain Presentation
  • Task Force Presentations
  • Thursday Night BBA Reception
  • Presentations and Materials
  • Flights and Accommodations

2. Discuss BBA Sponsors and Recruitment

 

3. Discuss Fundraising 

 

4. Updates from the BBA Task Force and Coalition Members

 

In Liberty,

 

Scott Rogers

Executive Director

Balanced Budget Amendment Task Force

P.O. Box 1261

Leesburg, Virginia 20175

Phone:386-423-4744

E-mail:Info@BBA4USA.org 

Website: www.BBA4USA.org 

You're Invited to the Herman Cain Meet and Greet 7:00 - 8:00 PM - Please R.S.V.P.

As a state legislator and/or supporter of a U.S. Balanced Budget Amendment (BBA) you have the power to bypass Congress and constitutionally stop the bankrupting of the American Dream. Please join me, BBA legislative leaders, the Balanced Budget Amendment Task Force and I Am American BBA campaigners at the Herman Cain Meet and Greet from 7:00 - 8:00 PM, followed by the annual BBA Reception in Dallas on July 31, 2014.

 

This invitation only exclusive reception and briefing from our team will kick-start next year's legislative session with a simple goal of adding 10 more states to the 24 who have applied under Article V of the U.S. Constitution for a Balanced Budget Amendment Convention. Reaching 34 Article V BBA Applications will empower the states to draft and ratify a U.S. Balanced Budget Amendment.

 

Please note only invited guests may participate. I believe you are the last best hope for our generation to pass on the American dream of a better future by forcing the federal government to live within its means.

 

Won't you join us for this important event? To  register for this special event, click on the registration link below, or contact Scott Rogers at ScottRogers@BBA4USA.org.  

 

Sincerely,

 

Herman Cain

 

When: Thursday, July 31, 2014 from 7:00 - 10:15 PM

 

Where: Hilton Anatole, Wedgwood Ballroom, 2201 North Stemmons Freeway, Dallas, Texas, 75207 (Same Hotel as ALEC Annual Meeting)

 

Please R.S.V.P. by clicking here.

 

STATEMENT FROM THE PETERSON FOUNDATION ON
CBO'S LONG-TERM FISCAL OUTLOOK

NEW YORK (July 15, 2014) - Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented today following the release of the Congressional Budget Office's Long-Term Fiscal Outlook for 2014:

 

"CBO's report reaffirms once again that our economy remains jeopardized by the nation's unsustainable long-term fiscal outlook.

"With federal debt projected to reach more than 180 percent of GDP in 25 years and continuing to rise thereafter, it's clear that America remains on a dangerous long-term fiscal path. While today's deficits are lower than they were in the depths of the recession, recent fiscal reforms have not addressed the key drivers of our structural deficits.

 

"CBO makes clear that, left unaddressed, our unstable fiscal foundation will slow the growth of our economy and depress incomes for Americans. As deficits and interest costs rise, critically important private and public investments will get crowded out, and America's future economy will be left in a precarious position. A strong fiscal foundation is an essential component of a healthy economy with rising incomes."

 

"The good news is there is still time to act. A comprehensive fiscal plan would improve the economy, in both the short and long term. A gradually implemented plan that stabilizes the debt over the long term would provide an immediate boost in confidence and certainty, and would reassure global financial markets that America is finally getting its fiscal house in order. And ensuring we have the resources necessary to invest in our own future will improve our nation's competitiveness and important global role.

 

"By building a strong fiscal foundation, we can create the conditions for economic growth and prosperity for the next generation of Americans. Policymakers should take CBO's warnings seriously - they have a critically important opportunity to put the nation's economic future ahead of partisanship, and reverse these troubling trends."

CBO's 2014 Long-Term Fiscal Outlook detailed the many risks America faces, including:

  • The high and rising amount of federal debt would have "significant consequences for both the economy and the federal budget," noting that "[a]t some point, investors would begin to doubt the government's willingness or ability to pay its debt obligations, which would require the government to pay much higher interest costs to borrow money. Such a fiscal crisis would present policymakers with extremely difficult choices and would probably have a substantial negative impact on the country." 
  • "The large amount of federal borrowing would draw money away from private investment in productive capital in the long term, because the portion of people's savings used to buy government securities would not be available to finance private investment."  
  • "Federal spending on interest payments would rise, thus requiring higher taxes, lower spending for benefits and services, or both to achieve any chosen targets for budget deficits and debt."  
  • "The large amount of debt would restrict policymakers' ability to use tax and spending policies to respond to unexpected challenges, such as economic downturns or financial crises. As a result, those challenges would tend to have larger negative effects on the economy and on people's well-being than they would otherwise. The large amount of debt could also compromise national security by constraining defense spending in times of international crisis or by limiting the country's ability to prepare for such a crisis."

For the full 2014 Congressional Budget Office's Long-Term Budget Outlook, click here. For a permalink to this statement, click here.

BBA Campaign News in the States

 

 

 

 

 

 

 

 

  

Wisconsin Assembly OKs amendment convention request  

  

Arizona BBA Application HCR 2017 passes House Rules Committee 8-0 

 
BBA State Campaign Map

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The work of the Balanced Budget Amendment, Inc. is solely dependent on our supporters, so please join with us and ensure our nation's future prosperity through the adoption of a federal balanced budget amendment.
In This Issue
You're Invited to the Herman Cain Meet and Greet
Statement from the Peterson Foundation on CBO's Long-Term Fiscal Outlook
BBA Campaign News in the States
BBA State Campaign Map
Donate
Debt Clock

Article V BBA Resources
 



Article V FAQ By Professor Rob Natelson

Article V FAQ By Jim Brown NFIB

Top Ten Reasons to Vote for a BBA


Coalition
  







 

We Demand a Balanced Budget 

 

Citizens Against Government Waste 

 

National Tax-Limitation Committee 

 

I Am American  

 

The Jeffersonian Project

 

The Reagan Project 

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This email was sent to sjenkins@utahsenate.org by scottrogers@bba4usa.org |  


Balanced Budget Amendment Task Force | P.O Box 1261 | Leesburg | VA | 20177