While I think we need many more amendments, especially one for term limits, here is the progress report on the balanced budget amendment. The map is from Demand Balance Now. The U.S.A. has a debt totaling over 17 trillion dollars. According to the U.S. Treasury Department the total U.S. debt has increased every year since 1957.The Congressional Budget offices estimates that we will be $27.2 trillion in debt by 2024 if we stay on this course, averaging an increase of one trillion dollars per year. America spends approximately $6.8 million dollars per minute. "Now only 10 countries out … [Read more...]
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