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The 2 Cent Budget Fix

wayne566 Wrote: Jan 23, 2013 11:57 PM
I could solve the problem permanently: Amendment to the constitution: "All members of the House of Representatives shall share, by equal distribution, an amount equal to one percent of the difference after governmental expenditures are subtracted from tax revenues to the Treasury. It is explicitly directed that when governmental expenditures exceed tax revenues, each member of the House shall surrender said amount to the treasury from his personal assets." Thus, if there is a $435,000,000,000 deficit, then each member of the house will be personally liable to surrender to the treasury $10,000,000 of his personal assets. On the other hand, if there is a $435,000,000,000 surplus, then each member would be paid a $10,000,000 bonus.

The president could break the logjam in Washington and move toward a solution of all budgetary problems if he merely asked every American to contribute 2 cents.

No, this isn’t some far-fetched science-fiction scheme, like beating the debt ceiling by minting two platinum coins valued at a trillion dollars each.

It’s a practical, patriotic, down-to-earth solution that might enable Barack Obama to assemble a bipartisan coalition, finally transcending the petty bickering he pledged to end when he first campaigned for president five years ago.

Americans have begun to realize that the nation’s crushing debt threatens their own economic survival. In a...