Posts Tagged ‘balanced budget’

Guest Commentary: An Opportunity for Louisiana to Lead U.S. Back to Fiscal Sanity

Guest Commentary: An Opportunity for Louisiana to Lead U.S. Back to Fiscal Sanity

In the face of unsustainable federal debt, Congress and the President appear unwilling and impotent to do anything about it. Robert J. Thorpe contends that the states must initiate a limit on spending, such as the National Debt Relief Amendment, via an Article V amendments convention.

New Study: Louisiana’s Fiscal Crisis Decades in the Making

New Study: Louisiana’s Fiscal Crisis Decades in the Making

Report highlights how spending trends have fueled fiscal deficits Although the economic recession has contributed to Louisiana’s ominous deficit, a new report from the Mercatus Center at George Mason University stresses that state spending trends meant the problem was building for decades. Between 1987 and 2007, Louisiana’s government spending grew at almost three times the [...]