by Brian M. Riedl
The Heritage Foundation
September 07, 2004
Runaway federal spending is the predictable result of an outdated budget process that lacks any enforceable spending limits. A Federal Taxpayers’ Bill of Rights (TABOR) would limit annual spending increases to the inflation rate plus the population growth rate and reserve any budget surpluses for tax relief and debt reduction.

Heritage FoundationInsiderOnline is a product of The Heritage Foundation.
214 Massachusetts Avenue NE | Washington DC 20002-4999
ph 202.546.4400 | fax 202.546.8328
© 1995 - 2015 The Heritage Foundation