Tag Archives: Expenditures

First Principles: A Nation Should Use the Same Prudence In Finances As An Individual Would Use

“The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of the public moneys.” —Thomas Jefferson (1808)      

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First Principles: Expenditures Should Not Exceed Ability To Pay

“There is not a more important and fundamental principle in legislation, than that the ways and means ought always to face the public engagements, that our appropriations should ever go hand in hand with our promises.  To say that the … Continue reading

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