Quote:
Originally Posted by joeydb
Only way to make it happen is to have Congress debate how to split up a fixed amount of money (like last year's revenue). Instead of what they do now: coming up with figures out of thin air that are then totaled up and passed in a bill, which has no relationship whatsoever to our ability to pay.
When was the last year that the government actually made a dent in the principal of the debt, not just balancing the budget based on the current yearly deficit alone? A long time ago.
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i have no idea.
i know the country hasn't been out of debt since andrew jackson was president.
and the income tax was 'temporary'.
Quote:
Originally Posted by jms62
Good luck with getting Congress to pass legislation that would make its own job infinitely harder.
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yeah, it'll never happen!
just like they handle their own ethics questions....and raises, and insider trading! the fox guarding the henhouse has never worked well.