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Let's Limit Spending

Walter E. Williams, CNS News

The nation needs a constitutional amendment that limits congressional spending to a fixed fraction, say 20 percent, of the GDP. It might stipulate that the limit could be exceeded only if the president declared a state of emergency and two-thirds of both houses of Congress voted to approve the spending. By the way, the Founding Fathers would be horrified by today's congressional spending. From 1787 to the 1920s, except in wartime, federal government spending never exceeded 4 percent of our GDP.

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