Balanced Budget Amendment

[Martin Hash]

1. Government must raise (or lower) taxes to equal legislative-approved spending.
2. Government cannot accrue future financial obligations: no pensions, no bonds, and no “trust” funds. If Government requires long-term borrowing for infrastructure, etc., a dedicated revenue stream (specific taxes) must be assigned to repayment, and once the amount is paid off, the revenue stream sunsets.

That's it!