TangoDeltaSix

🚨Governor DeSantis pitches Federal Balanced Budget Amendment to Kentucky Legislature. Kentucky will be the 29th of 34 States needed to send the Amendment back to the States for ratification. “We're $38+ TRILLION in debt and it is escalating very quickly every day. We now spend more on interest just to service the debt than we do on national defense, and those numbers are going to escalate as some of these bonds have to be refinance in the future. I'm proud to be a Republican. This is not a Democrat problem, or this is a bipartisan debt problem. So Florida has obviously certified this. 28 States in total have. We've got a couple more that we think will happen relatively soon. Kentucky hopefully would be one of those. The reason I'm here is because I don't think Congress is going to fix itself. I think the incentives up there are such that we're likely to continue more of the same. There's a culture that's developed. There's a muscle memory that's developed. And you can't just say elect new people and all of a sudden they're going to fix it because here's the deal. Even if somehow we did elect new people and they did fix it, the next Congress can come in and undo it. And so unless you have changes, permanent constitutional changes to the incentive structure in Congress, you are not going to solve this problem. And the question is, how much more can you go into debt before we have a major debt crisis? I mean, at some point. Reality is going to bite, and I think the U.S. has been able to get away with this longer just because we're the best bet in town. Whatever problems we have, a lot of these other countries have other problems. But so why would you guys want to be involved at the state level? Because that's what our founding fathers envision. This is America's 250th anniversary of independence, and obviously it took them a decade or so to fashion a Constitution. But when they created the Constitution, they believed that the states were the most important units of government. They were creating a federal government, but it was limited and enumerated to certain tasks. There were local governments created by the state governments, but ultimately was the states that created the federal government and that ratified the Constitution. So they saw the states having a very, very important role. What about with constitutional amendments? Well, I think we just think muscle memory is, well, yeah, Congress proposes these amendments. You need two thirds of each house. They can propose it, and then it goes to the states for ratification. That's one way to propose it. The other way to propose it is via the states with Article V, and you have two thirds of the state certified. A proposal can be fashioned, and then it can go to the states for ratification. The founders knew that Congress could be the problem. So they obviously wanted to provide a mechanism for we, the people working through our states to be able to institute the reforms that would be necessary. We have the power to do it in our states. Many states have stepped up, and obviously I think Kentucky would be a great, great candidate to join the movement to prevent Congress from bankrupting this country. And if we can do that, that'll be one of the best things these states have ever done.”