Date of Original Version

1979

Type

Book Chapter

Abstract or Description

Proposals to balance the government budget or to limit taxes and government spending have appeared since the very earliest days of the republic. Thomas Jefferson's strictures about government debt, and Alexander Hamilton's principles of government finance are, or were, part of the familiar stuff of everyone's first course in U.S. history or civics.

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Published In

Balancing the Budget: Should the Constitution Be Amended? Washington: Heritage Foundation.