Presidents may get pink slips for spending deficits: Bill

The House passed its “no budget, no pay” bill this week to try and prompt politicians addicted to spending to restore some sense of fiscal discipline to the nation’s capital. Now, Rep. Mo Brooks, Alabama Republican, has proposed a bill that would make the failure of future presidents to enforce a balanced budget an impeachable offense.

The Hill reports that Protecting America’s Solvency Act, H.R. 371, would put stringent caps on Congress, forcing it not to spend more revenue than is collected. Provisions in the law could be amended with a four-fifths majority vote.

“I have learned from experience that unless there is penalty … there is a significant risk that the executive, or for that matter the Senate or the House, won’t do it,” Mr. Brooks said.

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