H.3473 is a resolution calling for an Article V Convention of States to amend the US Constitution. The resolution attempts to limit potential amendment subjects to a spending cap and fiscal restraints. While no one would argue that the federal government needs additional restraint, the Convention of State approach is misguided and overlooks the fact that the first step to real federal reform would be to turn down the federal dollars (and their subsequent mandates) that currently comprise one-third of our state budget.
H.3473 – Convention of States to amend the US Constitution for spending cap
BySouth Carolina Policy Council
Feb 6, 2017
By South Carolina Policy Council
Since 1986 the South Carolina Policy Council Education Foundation has advocated innovative policy ideas that advance the principles of limited government and free enterprise. The Policy Council is the state’s meeting place for business leaders, policymakers, and academics – as well as engaged citizens – who want to see South Carolina become the most free state in the nation. For questions or comments on the articles on this website, please email Research Director Jamie Murguia.