States, virtually all of them, have a constitutional requirement to operate on a balanced budget.
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Our state has a balanced budget. We have to live within our means in the state of Wyoming. I was in the state senate. This country needs a balanced budget amendment to the Constitution.
Our state has a balanced budget. We have to live within our means in the state of Wyoming. I was in the state senate. This country needs a balanced budget amendment to the Constitution. We need to live within our means.
There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government.
Every year, virtually every governor balances the budget.
Setting the state budget is one of the most important tasks we undertake at the state Capitol - because after all, it's the people's money - not the government's.
Every family in America knows they have to do a budget. Every small business in America knows they have to do a budget. Every local government, every state, knows they have to do a budget.
Unlike the federal government, most states don't have the option of running a deficit.
The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It's by encouraging the growth of the economy.
You want to balance the budget in this country? We change the salary structure for Congress and the President. Every year they don't balance the budget, we don't pay them.
Congress, of course, is not bound to accept the president's budget figures, but the House has the sole power to appropriate funds for spending, and it is a duty that should not be ignored.
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