From: Balanced Budget Amendment Task Force
To: Dean Sanpei,
Subject: Conference Call: How State Legislators Can Sponsor a Balanced Budget Amendment Application- Friday, August 16, 2013 at 4:00 EST
Date: Thu Aug 15 14:28:06 MDT 2013
Body:
How State Legislators Can Sponsor a Balanced Budget Amendment Application

Dear Honorable Dean Sanpei,  

 

You are invited to participate in the Balanced Budget Amendment Task Force's weekly conference call for state legislators, legislative staff, non-profits, political activists, and the business community to discuss the Article V process and the movement for a federal balanced budget amendment. We have assembled the nation's best experts on the history of Article V and the Balanced Budget Amendment.

 

Join us this Friday at 4:00 E.S.T. by clicking on the following link: https://www3.gotomeeting.com/join/352710958 and entering the password: bba4usa or calling 786-358-5410 and entering the access code: 352-710-958.

 

Dr. Tim Kane Spoke at the BBA Summit & State Legislators Article V Kick-Off

Tim Kane Tim Kane, co-author of Balanced, presented his research findings to state legislators that concluded :

 

"with a hard constraint on expenditure commitments (a.k.a.Balanced Budget Amendment)...The United States will be well poised for a rebirth of the kind of growth that propelled it to unrivaled economic power.."

 

California economist says real US debt $70 trillion

 

National Debt Clock The federal government has been low-balling the public for years on how much debt it actually has, a University of California, San Diego economics professor says, adding that the real amount is $70 trillion - not $16.9 trillion.

James Hamilton's claim the United States is in a much deeper financial hole than many realize comes as Congress gets ready for another budget battle when lawmakers return in September. Both sides have been digging in on their policy positions over the debt, spending and the country's future fiscalhealth.

Hamilton believes the government is miscalculating what it owes by leaving out certain unfunded liabilities that include government loan guarantees, deposit insurance, and actions taken by the Federal Reserve as well as the cost of other government trust funds. Factoring in those figures brings the total amount the government owes to a staggering $70 trillion, he says.

 

Read more: http://www.foxnews.com/politics/2013/08/15/california-economist-says-real-us-debt-70-trillion-not-16-trillion-government/#ixzz2c2qhb5mV

 

Conference Call Agenda

 

4:00 - 4:05 Self Introductions

 

4:06 - 4:15 How State Legislators Can Sponsor a Balanced Budget Amendment Application

 

4:15 - 4:40 Discuss Results of BBA Summit & State Legislators' Article V Caucus Kick-Off

 

4:40 - 4:55 Updates from the BBA Task Force and Coalition Members

 

4:56 - 5:00 New Business

 

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

Republicans and Democrats Both Miscalculated

By R. GLENN HUBBARD and TIM KANE

The New York Times

Published: August 11, 2013

 

TWO years ago, Adm. Mike Mullen, at the time the chairman of the Joint Chiefs of Staff, said that debt was the "single biggest threat to our national security" - not some rogue nation, or terrorist group, but debt. What makes the threat of exploding debt especially dangerous is that it's not like a faucet that can be easily turned down. Federal, state and city governments in the United States have lost their fiscal grip, and the saga of Detroit's bankruptcy is just one example.

 

Astonishingly, when the Congressional Budget Office recently lowered its forecast of future deficits, many voices on the left claimed that the problem had been overblown by "austerity scaremongers" (that's us). Even more astonishingly, some voices on the right have renewed calls to "starve the beast" now that deficits are supposedly under control.

Both responses are wrong, but for different reasons. To read more, click here.

State Legislators from Around the U.S. May Ask for Article V Convention                            

Lawmakers meeting in Atlanta say they're tired of Congressional gridlock and federal deficits

 

The Florida Times-Union

Posted: August 15, 2013

 

By Walter C. Jones       

ATLANTA - Tired of congressional gridlock and federal deficits, legislators across the country are looking to flex their own muscles to bring change. Monday an overflow crowd of them met to discuss how.

The session, during a four-day conference hosted by the National Council of State Legislatures, gave lawmakers the chance to share their frustrations.

"States rights have never been at a lower ebb in this country, and it's time to do something about it," said David Long, president of the Indiana Senate.

The U.S. Constitution doesn't give states authority to directly alter the way the federal government works, but it does empower them to call for a constitutional convention. If enough request one, Congress is required by the Constitution's Article V to set it up.

Several petitions are pending on various topics like requiring a balanced budget or allowing Congress to veto government regulations, waiting for the required 34 states to pass them. In Georgia, the Senate passed a resolution calling for a balanced-budget convention which is awaiting action by the House next year.

Read more at Jacksonville.com: http://jacksonville.com/news/georgia/2013-08-15/story/state-legislators-around-us-may-ask-constitutional-convention#ixzz2c2tzcviS

Join the State Legislators' Article V Caucus
(Note: Non-legislators are welcome to participate as observers and supporters.)

constitutional Convention The goal of the Article V Caucus is to re-establish federalism as our Founders intended, and limit the runaway growth of the Federal Government. 

 

The Caucus is named after the Article in the U.S. Constitution that addresses the amendment process, which includes granting the States the authority to amend the Constitution without the approval of Congress:"...or, on the Application of the Legislatures of two thirds of the several States, shall call a Convention for proposing Amendments, which, in either Case, shall be valid to all Intents and Purposes, as Part of this Constitution, when ratified by the Legislatures of three fourths of the several States or by Conventions in three fourths thereof,..."

 

The Caucus will encourage state legislators to uphold these principles of federalism and limited-government with web-based information, model legislation, and strategic meetings. 

 

The Caucus believes an Article V convention is the most efficacious means of meeting our goals, and will encourage the States to adopt resolutions to call for such a convention. But we also believe that a convention is only the means to that end, and will always keep a focus on the goal of federalism and limited-government.

 

To become a member of this non-partisan caucus, click here.

 

Non-legislators you are welcome to participate in the caucus as supporters, please click on the link above or e-mailScottRogers@BBA4USA.org.

In This Issue
Republicans and Democrats Both Miscalculated
State Legislators from Around the U.S. May Ask for Article V Convention
Join the State Legislators' Article V Caucus (Note: Non-legislators are welcome to participate as observers and supporters.)
Coalition
  







 

We Demand a Balanced Budget

 

Citizens Against Government Waste

 

Families for America

 

National Tax-Limitation Committee

 

I Am American

This email was sent to dsanpei@le.utah.gov by scottrogers@bba4usa.org |  
Balanced Budget Amendment Task Force |P.O Box 1261 | Leesburg |VA | 20177