{"id":1561470,"date":"2022-07-19T15:19:28","date_gmt":"2022-07-19T19:19:28","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1561470"},"modified":"2022-07-19T15:19:29","modified_gmt":"2022-07-19T19:19:29","slug":"rep-arrington-to-introduce-resolutions-on-article-five-convention-as-inflation-reaches-historic-high","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rep-arrington-to-introduce-resolutions-on-article-five-convention-as-inflation-reaches-historic-high\/","title":{"rendered":"Rep. Arrington to Introduce Resolutions on Article Five Convention as Inflation Reaches Historic High"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frep-arrington-to-introduce-resolutions-on-article-five-convention-as-inflation-reaches-historic-high%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1561470&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Rep. Jodey Arrington (R-Texas) will introduce today two pieces of legislation aimed at forcing Congress to heed a decades-old demand for a convention under Article Five of the Constitution to address runaway federal spending and <a href=\"https:\/\/www.theepochtimes.com\/t-inflation\">inflation<\/a>.<\/p>\n<p>Arrington\u2019s office refused to comment on the resolutions to the Epoch Times other than to confirm by email that Arrington will be introducing something \u201con this issue.\u201d<\/p>\n<p>Bipartisan advocacy group Let US Vote for a Balanced Budget Amendment\u00a0Citizen\u2019s Campaign (LUVCC) says that as of 1979, 34 states\u2014or the required two-thirds\u2014had submitted calls to Congress for a convention under Article Five \u201cimposing fiscal restraints on the federal government toward achieving a balanced federal budget\u201d while noting that \u201cCongress has failed to comply with its Constitutional mandate to call for a convention.\u201d<\/p>\n<p>The\u00a0group said that five additional states have called for a convention since 1979, bringing the total to 39 states calling for a convention to consider some sort of balanced budget amendment.<\/p>\n<p>\u201cI commend Rep. Jodey Arrington for his leadership in introducing legislative proposals designed to restore federal fiscal sanity and recognize the rights of the states under Article V of the Constitution,\u201d David Walker, the former Comptroller General of the United States who was responsible for running the government\u2019s General Accountability Office (GAO) from 1998 to 2008, told the Epoch Times in a conference call.<\/p>\n<p>Walker currently is a co-founder of LUVCC.<\/p>\n<p> <strong>Historic Inflation Headwinds<\/strong> <\/p>\n<p>The issue takes on added impetus as the country faces historic inflation of double digits as the producer price index hit 11.3 percent in June <a href=\"https:\/\/www.bls.gov\/news.release\/ppi.nr0.htm\">according<\/a> to the Bureau of Labor Statistics. That number foreshadows higher inflation for consumers (CPI) in the near-term, rivaling, if not outdoing, the disastrous inflation under President Jimmy Carter.<\/p>\n<p>Because of changes to how inflation is calculated now compared to the Carter years, one economist,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rep. Jodey Arrington (R-Texas) will introduce today two pieces of legislation aimed at forcing Congress to heed a decades-old demand for a convention under Article Five of the Constitution to address runaway federal spending and inflation. Arrington\u2019s office refused to comment on the resolutions to the Epoch Times other than to confirm by email that [\u2026]<\/p>\n","protected":false},"author":731,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1561470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1561470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/731"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1561470"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1561470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1561470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1561470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1561470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}