Also at Daily Caller.And from Penny Young Nance, President and CEO of Concerned Women for America, "Washington, It's Time to Put On Your Big Boy Pants."
Women, who head up a majority of the household budgets in this country, sit down every week with a calculator and their checkbooks and make really hard decisions. There are sleepless nights and stress associated with these decisions, but they put on their big girl pants and make them just the same.
This is why Americans are so angry with our national leaders. It's not really that complicated. There is lots of talk about T-bills and bond ratings. Yes, we know the global financial markets and Federal Reserve policy are complicated, but the basic principle is not: We as a nation must live within our means. Forgive me if that sounds over-simplified or antiquated.
But again, the average household understands the consequences of not paying debt and spending money you don't have -- you get a bad credit rating and then you can't buy even the things you do need. They know the answer is not to keep spending or even cut back slightly.
Unfortunately, the president has not gotten the memo. He doggedly refuses to seriously agree to spending cuts.
CNS News reported in late 2010 that "in the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan."
That's a lot of money for one president to burden the public. Now he's trying to borrow more money and force our nation to go further into debt by advocating a debt ceiling increase without serious cuts in our spending.
That's why it’s important that the House passed the Balanced Budget Amendment to the Constitution (BBA). It is time for the nation to force accountability on our leaders and it is why the Senate needs to pass it as well.
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