1040 FEO

Aiming to pass laws which encourage our Federal Elected Officials (FEOs), who are our U.S. Senators and U.S. Representatives, to eliminate deficit spending.

At the end of each fiscal year, our FEOs will have to pay a surcharge to the state in which they reside unless any of the following are true:

A. There is no federal deficit spending, OR

B. Federal spending on every spending bill the FEO voted in favor of is no more than the equivalent bill for the most recent year with no deficit, OR

C. The state legislature passes a concurrent resolution with a 75% majority in each chamber justifying the spending on each bill the FEO voted in favor of that spent more than the equivalent bill in the most recent non-deficit year.

Bill Status by State

"No republic has long outlived the discovery by a majority of its people that they could vote themselves largesse from the public treasury." – Fraser Tytler

Legend

Enacted
In Progress
Blocked
No Action

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