A new ‘grand bargain’ for Americans to reduce US debt

Barry Poulson, John Merrifield  |  October 12, 2017

By Barry Poulson and John Merrifield, includes “… Brinkmanship over federal budgets has motivated citizens to address the debt crisis by attempting to enact a balanced-budget amendment to the U.S. Constitution. After waiting decades for Congress to pass a balanced-budget amendment, citizens are close to enacting the amendment through an Article V amendment convention. … The solution to this fiscal dilemma is a “Grand Bargain” in the form of a new Homestead Act, loosely modeled on the law passed in 1862 that helped fuel America’s post-Civil War growth boom.”

Read the full article on: Heartland Institute

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