Communities Digital News and the CommDigiNews Hour presents a special report hosted by Graceland hosts Jennifer Meadows and Curtice Mang as they discuss a move for a balanced budget amendment with Nick Dranias, President and Executive Director of Compact for America.
The United States is over $18 trillion dollars in debt and it continues to grow. Yet, the political class in Washington refuses to change course. This will cripple future generations. As Nick Dranias explains, the Compact for America offers a unique opportunity to put in motion a compact among states to propose and ratify a balanced budget amendment through a constitutional Article V convention.
What is the process the Compact for America proposes to get to an Article V convention for a balanced budget amendment? How many states are needed? What is the timetable? We will answer these questions.
Many states have trouble balancing their own budgets and all states rely to varying degrees on federal dollars bestowed upon them by Washington. How receptive will these states be to entering into a compact for a balanced budget amendment? According to Nick Dranias, Alaska and Georgia have already signed on, with Wyoming, Mississippi, Arizona, Arkansas and others soon ready to join in.
Is this our last, best hope to reign in runaway federal spending? It may be. Be sure to listen to this important special report from Communities Digital News and the CommDigiNews Hour.