The plan vs. the actuality

Surely everyone who matters has seen this chart already.wapoobamabudget1

Something to keep in mind about it is that this is a BUDGET.  It is planned spending.  The reality is that there were never surpluses as shown in ’00 and ’01.  How do we know that?  Because the National Debt went up in those years.

A balanced budget amendment will be useless if actual spending is not constrained by it.  We don’t need a balanced budget amendment, we need a balanced spending amendment.


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