Ep. #4 - Looming Fiscal Crisis - The Compact's BBA
This is Episode #4 of the Looming Crisis series that is presented by the Commissioners of the Compact for a Balanced Budget, the only official recognized interstate body that is authorized by the Member State legislatures to represent the states before Congress on national budgetary matters that impact the states. With Congress being both unable and unwilling to address out of control spending and looming inflation, along with its ability to borrow money without limit, our nation is at risk. The Compact approach enables the state legislatures to make the necessary course corrections so that our country operates on sound fiscal policies.
In this episode, we highlight the Compact’s state-of-the-art Balanced Budget Amendment, share the history of balanced budget efforts in both Congress and the States, explain how the amendment was created, reveal who was involved in the policy process, outline the key goals and objectives of the amendment, and provide a section by section discussion of the text of the amendment.
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𝗧𝗜𝗠𝗘𝗦𝗧𝗔𝗠𝗣𝗦:
0:00:17 Introduction
0:02:30 Introduction of Curtis Olafson
0:13:42 Congressional efforts towards a BBA
0:23:59 State efforts towards a BBA
0:27:06 The National Debt Relief Amendment effort
0:37:58 The Compact's BBA
0:56:57 Closing remarks
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𝗟𝗜𝗡𝗞𝗦:
SEGMENT #1 - MEET THE TEAM → • Ep. #1 - How State Legislators Can Prevent...
SEGMENT #2 - THE BROKEN CONGRESSIONAL BUDGETING PROCESS → • Ep. #2 - Looming Crisis - The Broken Budget
SEGMENT #3 – WHAT WILL U.S. DEBT DEFAULT LOOK LIKE? → • Ep. #3 - What Will U.S. Debt Default Look...
SEGMENT #4 BBA MATERIAL DOWNLOAD LINK: https://e482024d-3fa1-4640-8361-e04b8...
LEGISLATION PACKAGE LINK → http://CompactforAmerica.org/legislation
CFA WEBSITE → http://CompactforAmerica.org
CBB WEBSITE → http://CompactforAmerica.org/balanced...
EMAIL SIGNUP → http://CompactforAmerica.org/get-invo...
DONATE → http://CompactforAmerica.org/donate
FACEBOOK → / compactforamerica
TWITTER → @CFA_Chip_DeMoss
𝗣𝗢𝗗𝗖𝗔𝗦𝗧 𝗘𝗤𝗨𝗜𝗣𝗠𝗘𝗡𝗧 𝗪𝗘 𝗨𝗦𝗘:
𝗖𝗵𝗶𝗽'𝘀 𝗲𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁:
• Camera → Logitech C910 HD Pro Webcam
• Microphone → Digital Reference (Audio Technica) DR-CX1 P48 side-address
• XLR to USB interface → Alesis MultiMix4 4-channel mixer with USB audio interface
• Mic boom → CISNO telescoping boom arm with shock mount and pop filter
• Ear buds → MEE audio M6 memory wire in-ear sports headphones in clear color
• Lighting → Neewer dimmable LED USB video lights and stands
• Teleprompter app → PromptSmart Lite for iPhone
• Webcast software → StreamYard multi-platform live streaming studio
• Video editing software → Adobe Premiere Pro
• Image editing software → GNU Image Manipulation Program (GIMP)
• Green screen background → Impact CG-816 Super Collapsible Background
• Blackout shade → Blindster Deluxe Blackout Fabric Roller Shade