Saturday, May 25, 2024

Is It Time to Hold a Convention of the States to Address the Debt Bomb?

 Citizens in "Progressive" states like New York and California, on the other hand, are on the hook for thousands of dollars of debt per capita.

Article V stipulates two methods by which the Constitution can be amended-one at the initiative of Congress and the other at the initiative of the states.

In the latter case, if the legislatures of two-thirds of the states apply for a convention to propose amendments, Congress has no choice but to authorize it.

Any amendments resulting from the convention must then be ratified by three-fourths of the states before they become part of the Constitution.

"The article V convention provision is the ultimate check on the national government," says Montana State Senator Tom McGillivray.

Only six more states are needed to reach the threshold Article V requires to hold a convention, at which spending and debt would be the highest priorities.

Not even the most profligate of "Progressive" states can print money to accommodate deficit spending, but Washington does it every day, utterly oblivious to the future.

The Article V Process Explained; Video Here: https://conventionofstates.com/resources

https://fee.org/articles/is-it-time-to-hold-a-convention-of-the-states-to-address-the-debt-bomb/

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