Support the Balanced Budget Amendment

From the National League of Taxpayers:

It's a ticking time bomb.

That's why I'm hoping you'll sign your Balanced Budget Amendment petitions in support of H.J. Res. 5 and S.J. Res. 7, a bullet-proof Balanced Budget Amendment to your two U.S. Senators and Congressman, which I'll link to in a moment.

But first, let me explain why your support is so important.

The fact is, during Obama's tenure in office, our national debt has nearly doubled.

And the reality is, the $17 trillion national debt we hear so much about is just the tip of the iceberg.

When the government's unfunded liabilities for Medicare, Social Security, and federal employees' retirement benefits are counted, American taxpayers are really on the hook for over $86.8 trillion.

President Obama and his big-spending allies in Washington, D.C. have been piling on to our national debt every day, and show no signs of slowing down.

They've been spending money we don't have for so long, some economists are beginning to question not if the U.S. will ultimately have to declare bankruptcy, but when.

Of course, the "solution" to our ongoing fiscal disaster put forward by President Obama is to tax ourselves out of the hole, all the while claiming that there's nothing left to cut.

That's why I hope you will sign your petitions for the National League of Taxpayers' Balanced Budget Amendment, Senate Joint Resolution 7 and House Joint Resolution 5.

This Amendment would not only require a balanced budget, but would require a two-thirds vote by both houses of Congress to raise taxes, thereby making it much more difficult for the politicians to balance the budget by raising your taxes.

And it would shrink the exploding growth of government by limiting the size of the federal budget to 18% of our gross domestic product (GDP).

This NLT-supported Balanced Budget Amendment would put every wasteful program onto the chopping block simply by forcing politicians to actually make tradeoffs in their spending.

Today, the feds run 79 different welfare programs, 160 programs for housing assistance, 47 for job training, 82 for teacher quality, 80 for transportation assistance, and 56 for financial education.

In return for all that, we still have a history of stagnant education scores and an official poverty rate of 15 percent.

Yet Barack Obama and his tax-and-spend buddies keep binging and pushing for higher taxes.

But instead of stopping President Obama, his tax-and-spend allies merely give lip service to "fiscal responsibility" and "economic sanity."

The fact is, unless you and I force Members of Congress to put their money where their mouth is, the status quo of give-ins and giveaways will continue.

The reality is, we can immediately achieve hundreds of billions in savings by:

*** Abolishing the boondoggle Departments of Education, Energy, Commerce, and Housing and Urban Development;
*** Repealing the monstrously expensive ObamaCare and Dodd-Frank financial regulation law;
*** Transitioning Medicaid and food stamps back to the states where they belong and cutting back on the $37 billion spent on foreign aid.
That's why I hope you will sign your Balanced Budget Amendment petitions.

But honestly after you sign, I hope you will go a step further and make a contribution to help the National League of Taxpayers mobilize a political army in support of the Balanced Budget Amendment.

I don't need to tell you powerful players in Washington oppose the Balanced Budget Amendment.

Without the money to rally the American people, the Balanced Budget Amendment is likely to be buried.

Click here to sign your Balanced Budget Amendment Petitions at once.

You see, as long as the tax-and-spenders think they can get away with it, there will always be the vote for the next bailout, the next tax increase, and the next debt ceiling raise.

All coupled with the promise of "just this once."

At least just until the next time their fiscal irresponsibility throws us into the next looming "crisis."

That's why it's so important you sign your petitions at once and, if at all possible, chip in a contribution of even just $10 to help the National League of Taxpayers rally the American people.

The NLT-supported Balanced Budget Amendment would take those options off the table and force Congress to start making serious cuts.

Kicking the can down the road for future generations to pay for would no longer be an option.

But without a strict Balanced Budget Amendment, I fear we'll continue the tax-and-spend cycle.

You see, without any cap on government spending, the politicians are always able to invent some "crisis" to demand bigger government and higher spending.

That's why I pray you will sign your petitions to your U.S. Senators and Congressman, urging them to cosponsor this Balanced Budget Amendment.

And in addition to that, I hope you will help my friends at the National League of Taxpayers with a special contribution.

The fact is, even though many Americans who receive this letter will sign the petition, many won't be able to contribute.

If you can only chip in $10, it will be a big boost.

Of course if you can afford to make a larger contribution of $25 or $50 or even more, I hope you will.

You should also know that a generous supporter has agreed to match your contribution, dollar-for-dollar, so there isn't a better time to give.

Your donations will help the National League of Taxpayers organize:

*** Extensive internet, direct mail, and telephone campaigns to generate at least one million petitions and questionnaires to Congress like the ones that accompany my letter,
*** Extensive personal lobbying of key Members of Congress by rank and file National League of Taxpayers members and staff;
*** Hard-hitting TV, radio, and newspaper ads to be run in targeted states and districts, mobilizing the American people and detailing the dangers of our soaring debt.

Your donation will help the National League of Taxpayers reach up to 10 million Americans and generate a tidal wave of opposition to fiscal irresponsibility while building long-term support for a Balanced Budget Amendment.

So after signing your Balanced Budget Amendment petitions, please also help with a contribution.

Some people have already given as much as $500.

Others have sent $50 or $100, but no matter how much you give, whether it's chipping in with $10 or a larger contribution of $150, I guarantee your contribution is urgently needed and will be deeply appreciated.

And don't forget that a generous supporter has agreed to match your contribution, dollar-for-dollar, no matter the amount.

With your help, we can impose real limits on politicians that force them to actually cut the waste that is threatening our future.

In Liberty,

Rand Paul

Rand Paul
United States Senator

P.S. Our bloated federal budget CAN be balanced once the politicians understand that their political future depends on it.

That's why I urge you to click here to sign your "Balance the Budget" petitions to your Congressman and two Senators today and chip in with a contribution of $10 or whatever you can afford.