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Criticizes government spending policy, budgeting methods, and expenditures, calling for a constitutional amendment to curb inflation and limit federal spending
This book analyzes the states' experience with balanced budget requirements and extrapolates lessons for a federal amendment. The author's focus is not on the wisdom of cutting the federal budget deficit, but rather on the role and effectiveness of these requirements in achieving budgetary balance.
Considers (84) S.J. Res. 126, (84) S.J. Res. 133.