What is the alternative? Well, right now we don't really have one. Again, let's just go through why we've never had a process to control spending. We don't have a balanced budget requirement like states do. And we have the capability of printing money, which we're doing, incurring this enormous debt. So we don't have a balanced budget requirement. I didn't realize this until just recently. (05:56–06:00)
CLAIM
Asserts that the federal government lacks a balanced budget requirement, unlike state governments.
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