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Celebrating Women s History Month
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Federalism and Financial Services
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Consideration of a Convention to Propose Amendments Under Article V of the U S Constitution
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Contributors Paul J. Larkin, Jr., is a Senior Legal Research Fellow in the Edwin Meese III Center for Legal and Judicial Studies at The Heritage Foundation. David E. Bernstein is George Mason University Foundation Professor at the George Mason University School of Law in Arlington, Virginia. Randy E. Barnett is Carmack Waterhouse Professor of Legal Theory at the Georgetown University Law Center, where he directs the Georgetown Center for the Constitution.
(Archived document, may contain errors) TAMING THE FEDERAL SPENDING MONSTER by Lewis K. Uhler We have reached a milestone in federal fiscal irresponsibility: the cash debt of the United States now exceeds the total value of the shares traded on U.S. stock exchanges. In o ther words, if we were to sell all U.S. stock market-traded stocks, which Forbes has calculated to have a current value of about $2.2 trillion, it wouldn't be enough to pay off the national debt. And there are other ways to put the national debt in perspe ctive: