Fiscal Responsibility

Our government should be fiscally responsible and accountable for poor budget decisions.

The Reform Party will enforce fiscal responsibility and hold legislative and executive leaders accountable for it at our national, state and city levels.

Fiscal responsibility with accountability means that the Federal Government puts an end to the historical cycle of deficit spending and does so with a commitment to "accountability without loopholes" guaranteeing responsible budgets without borrowing against the nation’s future earnings. The Reform Party founder, Ross Perot, earlier identified the already building trend of borrowing against our future earnings with no placement of clear and definitive means of repayment. For example, our annual spending in 2020 had ballooned to $4.829 Trillion dollars, while only collecting $3.46 Trillion in revenue, without addressing the actual national debt.

We believe that Congress, state legislators, county and city governments must adjust their budget and policies so that all programs and services absolutely required for communities to function properly are funded without increasing deficits. We need to fundamentally reform the budget process, review all departments and agencies, eliminate overlapping jurisdiction over services, and base budgetary decisions on cost effectiveness and critical need.  The national budget process is in dangerous and dire straits and so an amendment must be passed to require a balanced budget be passed annually or else legislators face specific consequences for failure to do so.  This amendment allows for a single continuing resolution before penalties become effective and includes a caveat in case of national emergency requiring unexpected spending which requires the inclusion of a plan for repayment for the lost revenue also to include an estimated time frame for the revenue to be recouped.

 

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Read the Latest Articles from Our Blog

Here are three recent blog posts from the Reform Party.

Read more +17 September 2021 By Michael Hackmer in Convention, Michael Hackmer, Chairman, Reform Party of Virginia

Reform Party National Convention – October 16, 2021

Reform Party National Convention will be held on Saturday, October 16, 2021 from 2:00 pm Eastern / 11:00 am Pacific to 4:00 pm Eastern / 1:00 pm Pacific. To register, click here: https://us06web.zoom.us/meeting/register/tZYldOCorDwqH9GKQk-14X8B1ufueXRx-tWh Each State Secretary or acting-Secretary needs to register and provide a list of delegates who will attend the convention. The list needs
Read more +16 March 2021 By RPUSAAdmin in Uncategorized

Call to Special Convention April 17, 2021

CALL TO SPECIAL CONVENTION The Reform Party of the United States of America, pursuant to Article 1 – Section 7, is hereby issuing a CALL for a Special Convention, to take place on Saturday, April 17, 2021. The Special Convention will start at 2:00 PM Eastern / 11:00 AM Pacific and continue under the rules
Read more +03 February 2021 By Michael Hackmer in Uncategorized

Beverly Kennedy: Dedicated Reformer and Friend

The Reform Party Executive Committee is saddened to announce that long time Reform Party officer, Beverly Kennedy, passed away on January 27th, 2021 due to complications of COVID-19. A supporter of H. Ross Perot’s 1992 presidential campaign, United We Stand and a founding member of the Reform Party, Kennedy was beloved for her knowledge of
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