{"id":256,"date":"2021-07-04T19:39:12","date_gmt":"2021-07-04T19:39:12","guid":{"rendered":"http:\/\/leagueoftaxpayers.com\/?p=256"},"modified":"2024-10-08T21:15:09","modified_gmt":"2024-10-08T21:15:09","slug":"corporate-tax-restricts-economic-growth-hurts-consumers-and-employment","status":"publish","type":"post","link":"http:\/\/leagueoftaxpayers.com\/?p=256","title":{"rendered":"Demand a tough Balanced Budget Amendment!"},"content":{"rendered":"<p>For 35 for the last 40 years the federal government has spent more money than it has collected in revenue.\u00a0 This has resulted in a spiraling federal debt burden of almost 28 trillion dollars that drains resources desperately needed for economic growth and development.<\/p>\n<p>Congress should put the brakes on out-of-control spending by an amendment to the Constitution of the United States that would require a balanced budget every year unless a deficit is authorized by a recorded vote of three-fifths of both houses of Congress, while also requiring a 2\/3 majority to raise taxes to protect the American people from stealth tax hikes and demand politicians cut wasteful spending first.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For 35 for the last 40 years the federal government has spent more money than it has collected in revenue.\u00a0 This has resulted in a spiraling federal debt burden of &#8230;<\/p>\n","protected":false},"author":1,"featured_media":158,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=\/wp\/v2\/posts\/256"}],"collection":[{"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=256"}],"version-history":[{"count":7,"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=\/wp\/v2\/posts\/256\/revisions"}],"predecessor-version":[{"id":337,"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=\/wp\/v2\/posts\/256\/revisions\/337"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=\/wp\/v2\/media\/158"}],"wp:attachment":[{"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=256"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/leagueoftaxpayers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}