A diverse coalition from South Carolina is calling on lawmakers to address the rapidly approaching fiscal cliff and the country’s long-term federal debt problems.
Our Maya MacGuineas discussed our new First Budget initiative, the new CBO budget outlook and tax reform on Bloomberg TV.
In its latest report, the nonpartisan Congressional Budget Office (CBO) says deficits will soon begin to rise again and debt remains on an unsustainable path. Read the highlights.
Partnering with The Concord Coalition, we have launched the First Budget initiative to raise public awareness of the dangers posed by the nation’s unsustainable budget policies and make solving this problem a high priority for the 2016 presidential candidates. Click to learn more and get involved.
The new year will bring some old budget battles back. Learn more.
Updates From South-carolinasee more »
22 January 2015 - We launched an important new initiative that will compel presidential candidates to discuss the debt and how they will deal with it.
21 January 2015 - On Tuesday night President Obama delivered the State of the Union address. He used soaring rhetoric to describe his vision for the country’s future, but did not detail how he would address the soaring long-term debt that threatens that future.
16 January 2015 - On Tuesday, Fix the Debt hosted a conference call with supporters from around the country on our plans for 2015.
09 January 2015 - The 114th Congress began this week. The early action shows that fiscal issues will play a big role this year.
23 December 2014 - Although Congress managed to avoid a government shutdown before adjourning for the year, many more budget battles will greet the new Congress next year.
Why it matters
"It's going to take strong will, effective leadership, and a renewed spirit of bipartisanship from our leaders in Washington to address one of the most pressing challenges of our time. The time for action is now if we're to…Ambassador Tony Garza
The pressure is on Congress to address our growing debt if we want to avoid the fiscal cliff. Congress has to address this now – there is no time to wait. It is time for our elected leaders to…Harry Prestanski
Our country stands as a beacon of liberty and hope for people around the world. I care because I’m afraid of a world where these values are diminished because of our government’s inability to function. Fiscal stability and responsible…Michael Taylor
"As a businessman and former elected official, I am worried about Congress’ ability to reach a national debt deal. If we continue to ignore this growing problem, our economy will suffer the consequences. We can expect slower growth, lower…Rick Bennett