Fiscal Responsibility

Responsibility with accountability:

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.

15 May 2022 By NHensley in Uncategorized

Reform Party Seeks to Fill National, State Vacancies

The Reform Party has been able to reorganize and get these committees functional, however the committees are not fully staffed.
21 January 2023 By Nicholas Hensley in Latest Updates

Reforming America: A Victory in Rhode Island

January 21st, 2023For Immediate Release On January 20th, 2023, Reform Party member Tony Jones was appointed to the Narragansett, Rhode Island Historic Cemetery Commission. He is the fourth person supported by the Reform Party of the United States to be elected or appointed to a public office in the past nine months. In April of
10 January 2023 By Nicholas Hensley in Latest Updates

The Reform Party Forms Convention Committee for June Convention in New Orleans

The Reform Party of the United States is planning its first in-person convention and conference since the beginning of COVID-19. The Executive Committee has chartered a convention committee to organize the event for Saturday, September 17th. The Reform Party will finalize party business in a members meeting that will be open to the public in
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