The idea of a new Constitutional Amendment to enforce term limits on Congress has started to gain more traction. On January 4th, Senator Ted Cruz and Representative Francis Rooney introduced a bill to do just that. The bill would restrict members of the Senate to two six-year terms and members of the House would to three two-year terms.
Federal spending has been increasing dramatically since about 1993. From 1993 to 2000, spending increases by 3.1%. In the next decade, it rose by about 6% from 2001-2006 and 8.5% from 2007-2010.