Latest / Brian Thomas / AFP - Balanced Budget Amendment
Transcript
- 0:02Speaker 1: It's seven twenty nine, fifty five kre CD talk station
- 0:05Speaker 1: at the able Wednesday listener Lunch priceil Chelly love to
- 0:08Speaker 1: see you there and welcome back to the fifty five
- 0:10Speaker 1: CARC Morning Show. His regular segment, I'm from Americans for Prosperity,
- 0:14Speaker 1: Donovan and El Always great to have you on the show. Donovan,
- 0:16Speaker 1: Welcome back for Ryan.
- 0:18Speaker 2: Always great to be with you on Wednesday Morning.
- 0:20Speaker 1: A concept that's been talked about, I think since I've
- 0:23Speaker 1: been politically involved. I think that began around age sixteen,
- 0:26Speaker 1: when I was in high school. Balanced budget amendment. It's
- 0:29Speaker 1: been a pipe dream for a lot of conservative minded folks,
- 0:32Speaker 1: a lot of budget conscious folks like myself, but never
- 0:34Speaker 1: ever gotten off the ground. Will it happen this time?
- 0:38Speaker 1: I understand John Housted has got a balanced budget amendment
- 0:41Speaker 1: he's going to be introducing or has introduced. Now I've
- 0:44Speaker 1: got an uphill challenge on this one, including ratification by
- 0:47Speaker 1: the States, but it sounds like a good concept. Let's
- 0:49Speaker 1: break it down, Donovan. How is this one? Maybe different
- 0:51Speaker 1: from the prior ones, but how is this this going
- 0:54Speaker 1: to work out?
- 0:56Speaker 3: Well, it's pretty it's a pretty straightforward amendment. What it
- 0:59Speaker 3: would do is it would require Congress within ten years
- 1:03Speaker 3: of its ratification to achieve balance in between the expenditures
- 1:08Speaker 3: and revenues of the federal government. Would not need to
- 1:12Speaker 3: be done over a single year period. For example, here
- 1:15Speaker 3: in Ohio we do a biennial budget process, right, we
- 1:18Speaker 3: do it over two year window.
- 1:19Speaker 2: And so you'd have a little bit of room. You'd
- 1:21Speaker 2: also have.
- 1:22Speaker 3: Where I think a lot of opponents attack a balanced
- 1:25Speaker 3: budget amendment to the Constitution is emergency spending. And so
- 1:29Speaker 3: there's an ability for Congress with I believe it two
- 1:32Speaker 3: thirds vote to approve emergency spending. That would put the
- 1:37Speaker 3: budget out of balance, but then they would need to
- 1:40Speaker 3: start to work to put it back into balance. So
- 1:42Speaker 3: it creates some more of a principles based approach to
- 1:46Speaker 3: a balanced budget rather than the rigidity of saying the
- 1:49Speaker 3: budget must be balanced on an annual basis.
- 1:53Speaker 1: So no day one tear the band aid off, kind
- 1:55Speaker 1: of fixed to this one.
- 1:58Speaker 3: Correct And what that again? And I think the idea
- 2:00Speaker 3: here is is neutralize a lot of the common opposition
- 2:04Speaker 3: to a very practical, common sense policy solution.
- 2:09Speaker 1: So in other words, I was wondering, I mean to me,
- 2:13Speaker 1: in my mind, Donovan, this is a no brainer that
- 2:16Speaker 1: you must live within your means and you shouldn't imperil
- 2:18Speaker 1: the country's future by digging us into a hole that
- 2:21Speaker 1: we have to pay debt service on, which is consuming
- 2:23Speaker 1: more and more of those valuable limited taxpayer dollars. With that,
- 2:28Speaker 1: the argument against something like this has always been but
- 2:31Speaker 1: but but but, uh, you know we can't do that
- 2:34Speaker 1: where you know these programs are all going to shut down.
- 2:36Speaker 1: I just don't understand the how you can articulate an
- 2:42Speaker 1: opposition to something that is so common sense, logical, and reasonable.
- 2:46Speaker 1: So what are you hearing by way of pushback on this,
- 2:49Speaker 1: or at least in the past, when these types of
- 2:51Speaker 1: balanced budget amendments have been proposed, why haven't they moved
- 2:55Speaker 1: forward in advance given that they seem so logical and reasonable.
- 3:00Speaker 3: Well, I think one of the biggest arguments is the
- 3:02Speaker 3: the the DC insiders right, the proverbial swamp, where it is, hey,
- 3:06Speaker 3: we need this flexibility, right, it's going to inhibit this
- 3:09Speaker 3: program or it's gonna it's gonna keep us from spending
- 3:12Speaker 3: in an emergency, And Brian, the emergencies are what have
- 3:15Speaker 3: put us into the situation that we're in. Manufactured and otherwise.
- 3:20Speaker 3: And so you know, when this was first what we
- 3:22Speaker 3: really had an opportunity in the early nineties, with the
- 3:25Speaker 3: wave of reform to get done. We were looking at
- 3:29Speaker 3: a three trillion dollar national debt, right not no, And
- 3:34Speaker 3: that was.
- 3:34Speaker 1: A cry that was as you remember Reagan complaining when
- 3:38Speaker 1: it was getting close to a trillion and talking about
- 3:41Speaker 1: we can't keep this up. And we're like, wow, oh wow,
- 3:44Speaker 1: longing for the days of a nine and ninety nine
- 3:47Speaker 1: billion dollar devisit. Boy, wouldn't that be a good thing.
- 3:52Speaker 2: Yeah.
- 3:52Speaker 3: Well, and you know, we only climbed to a meager
- 3:54Speaker 3: five point six by the year two thousand, twelve years
- 3:57Speaker 3: later and a half way through the first Obama term,
- 4:02Speaker 3: sixteen trillion, and now we're at thirty eight trillion. I
- 4:05Speaker 3: think what we have the opportunity here right to sort
- 4:08Speaker 3: of push back against any any reasonable opposition to this
- 4:13Speaker 3: is to say, look, this has been an issue that
- 4:16Speaker 3: it's actually one of the most introduced constitutional amendments going
- 4:19Speaker 3: back to the nineteen forties.
- 4:21Speaker 2: This is something that both Democrats and.
- 4:23Speaker 3: Republicans have historically supported, and there's never been a more
- 4:28Speaker 3: burning platform or need for this reform than now as
- 4:31Speaker 3: we hit thirty eight trillion in climbing with no end
- 4:33Speaker 3: in sight.
- 4:35Speaker 2: This is important.
- 4:35Speaker 3: I know you get it, Brian, but this is an
- 4:37Speaker 3: important amendment that would bring some physical sanity to Washington
- 4:40Speaker 3: and put constraints on both Republicans and Democrats who need
- 4:44Speaker 3: to put a Washington's fiscal house in order.
- 4:47Speaker 1: All right, well, I'm going to gravitate over what in
- 4:50Speaker 1: the hell constitutes an emergency. You know, we end up
- 4:53Speaker 1: with this only go Obamacare. We have a healthcare emergency.
- 4:55Speaker 1: We have a healthcare crisis. We need legislation, we need
- 4:57Speaker 1: an inflation reduction Act so we can fund green progers.
- 5:00Speaker 1: It would start screaming out loud about oh my god,
- 5:02Speaker 1: people are dying in the streets, babies are being starved
- 5:04Speaker 1: to death. We it's everything. Would be an emergency, wouldn't it.
- 5:07Speaker 1: I mean, what's the protection in there to keep them?
- 5:09Speaker 1: And you know them includes both Republicans and Democrats with
- 5:13Speaker 1: their pet projects. They're the ones all collectively responsible for
- 5:16Speaker 1: the thirty eight trillion dollars we got right now? What
- 5:19Speaker 1: prevents them from just pretty much saying we're an emergency. Well,
- 5:22Speaker 1: we have to balance the budget. But if we do that,
- 5:24Speaker 1: then this program is to be slashed by oh, twenty
- 5:27Speaker 1: five percent. It's an emergency because the twenty five percent
- 5:30Speaker 1: or glean are getting money from the government, are going
- 5:32Speaker 1: to be cut off from that money, and oh my god,
- 5:34Speaker 1: they're going to die. You can hear that all day long,
- 5:37Speaker 1: every day of the week.
- 5:39Speaker 2: Oh absolutely well, without a doubt. And uh, you know
- 5:42Speaker 2: where I think. You look at this and you say.
- 5:45Speaker 3: It's that higher threshold, that requiring two thirds. And yes,
- 5:49Speaker 3: swamp critters exist with both the red and the Blue
- 5:51Speaker 3: team in Washington, d C. But creating that higher threshold
- 5:56Speaker 3: creates an opportunity to for grassroots activists for considering supporters
- 6:00Speaker 3: to apply more pressure. So I think what we would
- 6:03Speaker 3: see out of this right compared to now where there
- 6:05Speaker 3: is no limit, there is no cap I think you
- 6:08Speaker 3: would have those more critical moments in time where Congress
- 6:11Speaker 3: has to really deliberate and the American people have the
- 6:14Speaker 3: opportunity to be heard on what actually constitutes an emergency. Well,
- 6:18Speaker 3: we stop to do our job, Brian, right of the
- 6:21Speaker 3: course the public that we live in of being engaged
- 6:23Speaker 3: in contacting our senators and corsmen, but this will put
- 6:26Speaker 3: that higher threshold on them, and they don't.
- 6:27Speaker 2: Get to go out of They don't get to go beyond.
- 6:29Speaker 3: Their means with our credit card until unless we uh,
- 6:34Speaker 3: you know, they've got they've got to get more, more,
- 6:36Speaker 3: more agreement in Washington, and we know that can also
- 6:40Speaker 3: be a challenge at times.
- 6:41Speaker 2: Well.
- 6:42Speaker 1: And I do appreciate the fact that this emergency declaration
- 6:45Speaker 1: will require two thirds from both the House and the Senate,
- 6:50Speaker 1: at least in terms of a vote to declare an emergency,
- 6:52Speaker 1: which is a pretty substantial hurdle given the division in
- 6:55Speaker 1: our country. I can't imagine that they could get two
- 6:57Speaker 1: thirds in both the House and the Senate, and the
- 7:01Speaker 1: I guess the broader problem is if this goes through,
- 7:04Speaker 1: if this is proposed, if it is voted forward, and
- 7:06Speaker 1: it is submitted to the states, you have any t
- 7:09Speaker 1: leaf reading on whether it would be ratified by the states,
- 7:12Speaker 1: given how common sense it sounds.
- 7:15Speaker 2: Well, I think the good news here is what is it?
- 7:17Speaker 3: Over half the states have already have a balanced budget
- 7:20Speaker 3: amendment or balanced budget requirement. So right there, you've got
- 7:24Speaker 3: twenty five out of thirty eight that you'd assume would
- 7:27Speaker 3: be in the column here because it works for them,
- 7:29Speaker 3: good enough for them, if you good enough for DC,
- 7:32Speaker 3: and then with the other states.
- 7:34Speaker 2: I think they see the dysfunction that happens in Washington.
- 7:37Speaker 3: Having some physical sanity would be important. It's certainly an
- 7:39Speaker 3: uphill battle, but I think across the country recognize you'll.
- 7:46Speaker 2: Receive sixty seventy percent support and polling. Yeah, there's public
- 7:49Speaker 2: opinion that backs this up as well.
- 7:51Speaker 1: Yeah. I'm just waiting for the Republican governors to see
- 7:54Speaker 1: the federal government contract and the dollars received from the
- 7:57Speaker 1: federal government also contract impact their own state budgets when
- 8:01Speaker 1: they start contemplating how this is all going to settle in.
- 8:04Speaker 1: Donovan and Neil, Americans for prosperity. Any calls to action
- 8:07Speaker 1: for my listeners before we part company this morning, Well.
- 8:10Speaker 3: I think like always give Senator Eustain's office a call
- 8:12Speaker 3: reach out Houston dot Senate dot GUV thank him for
- 8:15Speaker 3: introducing such a big, bold proposal to help bring some
- 8:19Speaker 3: fiscal sanity to Washington.
- 8:21Speaker 1: Always worthy to thank you are your elected officials when
- 8:24Speaker 1: they're actually doing a good thing. Donovan and Neil, thank
- 8:26Speaker 1: you for the information. We'll talk again next Wednesday. Have
- 8:28Speaker 1: a wonderful week between now and then, my friend, Thanks
- 8:31Speaker 1: as always, Brian seven thirty eight, Right now,