Monday, May 20, 2019

The Path to Putting Government in Its Proper Place

Everything the federal government does, from taxing, to regulating, to providing services, to protecting our very freedoms, it does through the federal budget.

Despite promises to the contrary Congress continues to pass bills that spend more than the government takes in each year, adding trillions of dollars of debt and putting our entire economy in peril.

They separate proper functions of the federal government, such as providing for our national defense and national infrastructure, from those areas where government has overstepped its bounds.

Our nation thrives most when the federal government is focused on core national priorities while states and localities are empowered to address issues that are closest to the people who will be affected by those policies.

The total amount the federal government spends in a given year should be directly linked by law to a fixed percentage of the nation's wealth: our gross domestic product.

The only way the government could spend more is if the economy grew faster than government spending over the long run.

Such a rule should be smart, allowing for deficits during an economic downturn and ensuring that the government has to cut back on spending when the private sector is strong.

https://www.dailysignal.com/2019/05/20/the-path-to-putting-government-in-its-proper-place/

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