On the recordFebruary 27, 2007
We have a 12-point plan for budget reform. I want to briefly hit the points right quick. One, require a balanced budget; two, do not let Congress buy on credit; three, put a lid on spending; four, require agencies to put their fiscal house in order; five, make Congress tell taxpayers how much they are spending; six, set aside a rainy day fund; seven, do not hide votes to raise the debt limit; eight, justify spending for all projects; nine, ensure that Congress reads the bills that it is voting on; ten, require honest cost estimates for every bill that Congress votes on; eleven, make sure new bills fit the budget; and twelve, make Congress do a better job of keeping tabs on government programs.
Source
govinfo.gov




