The Limitations Amendment:
Limits on financial excesses:
Section 1: Balanced budget amendment:
Part 1. Prior to each fiscal year, the Congress shall adopt a
statement of receipts and outlays for that year in which total outlays
are no greater than total receipts. The Congress may amend such statement
provided revised outlays are not greater than revised receipts. The
Congress and the President shall ensure that actual outlays do not exceed the
outlays set forth in such statement.
Part 2. Total receipts for any fiscal year set forth in the statement
adopted pursuant to this article shall not increase by a rate greater than the
rate of increase in national income in the last calendar year ending before
such fiscal year, unless a majority of the whole number of both Houses of
Congress shall have passed a bill directed solely to approving specific
additional receipts and such bill has become law..
Part 3. The Congress may not require that the states engage in additional
activities without compensation equal to the additional costs. Part 4. Total
receipts shall include all receipts of the
Part 5. The Congress may waive the provisions of this article, providing
that a formal, Congressional declaration of war is in effect. The Congress may
only do this for a maximum of 5 years out of every twenty years.
Part 6. This article shall take effect for the second fiscal year
beginning after its ratification.
Section 2. Debt limit:
The federal government must never accrue a national debt greater than 3% of the
entire nation's GDP, using the same accounting principles used in fiscal year
2008. If the amount of debt at the time of this amendment's passage is greater
than 3%, the congress shall bring the total debt to the accepted level within 7
years.
Section 3. . Income Tax Limit
Federal income tax may never exceed 15% of an individual's total income, and
may never exceed 20% of a corporation's income.
Limits on Congressional Power
Section 4. Term limits:
Supreme Court justices shall be appointed for 15 year terms. If a Supreme Court
justice has been holding his or her position for greater than 15 years, they
must resign their justice position on a schedule which allows appointment of a
new Supreme Court Justice every five years. Thus, the longest sitting justice
shall resign within five years, and the next longest sitting justice shall
resign in ten years, and so on, beginning from the year of passage of this
amendment.
Section 5: All legislation to be brought before either house of congress for
consideration and passage into law, must be written by duly elected
congresspersons, or their immediate staff. Legislation written by
non-governmental advisers, consultants, lobbyists or other non-elected
officials may not be brought to a vote. The Congress shall deem an
appropriate method for monitoring and determining authorship of legislation.
Section 6: When bills are being considered for passage into laws, only the bill
in question may be considered. Amendments, earmarks, riders, addenda and
unrelated additions to a bill shall render that bill ineligible for vote or
passage.
Section 7: The Congress of the
Limits on influencing Congress
Section 8. All costs of campaigning, soliciting votes or running for either
house of Congress and the President of the
Section 9. Lobbying, influencing or otherwise persuading congress , by
anyone or entity, other than the elected officials' constituency or prospective
elected official's constituency, is prohibited.
Section 10. A corporation, organization, committee, institution or other
group is not equivalent to a citizen of these
Section 11. Money is not speech. Hence, spending money to influence
policy makers, elected officials or legislators is not protected speech under
this constitution.
Section 12. This amendment may not be repealed, altered or changed by a
vote of both houses of Congress, but only by a vote of 3/4 of the legislatures
of the states. This amendment may not be changed by the state
legislatures until twenty years after it has passed.
PDF of the Limitations Amendment You can download this and print or send it.
http://limitationsamendment.blogspot.com/
Excerpt from our Blog: "The building media frenzy surrounding the upcoming elections is almost
laughable..."
http://limitationsamendment.blogspot.com/