It’s time for Americans to get the bit between their teeth and, via a constitutional convention, rein in Washington’s addiction to fiscal deficits. President Biden's budget proposal for 2024 makes it clear that the U.S. needs a budget straitjacket sooner rather than later. A budget deficit can be reined in by either reducing expenditures ...

The U.S. should break the habit of going to the fiscal brink and adopt a policy that has been shown to work. The debt-ceiling charade is upon us again. The U.S. will hit its debt ceiling on Thursday. Treasury secretary Janet Yellen warns us that without increasing it by June, the U.S. will not have sufficient funds to pay its bills. ...

It has been more than three quarters of a century since the first balanced budget amendment to the U.S. Constitution was proposed in Congress; and it has been more than half a century since the first resolution calling for an Article V convention to propose a balanced budget amendment was first introduced in the state legislatures. Despite ...