Fix the Debt officially launched its state chapter in Wisconsin in October to bring concerned individuals together and call lawmakers to address the ballooning national debt.
The push on taxes is beginning in earnest. Our resources show the need for real, comprehensive reform, not tax cuts that add to the debt.
With children back to school, it's a good time to get educated on the federal budget and national debt. Take our crash course and test your knowledge with our quizzes.
The national debt forecast is troubling, especially when put in human terms. Follow Hope as she grows up with debt.
The federal budget is well behind schedule. Learn all you need to know about what is at stake.
Updates From Wisconsinsee more »
17 June 2013 - "The ability of the U.S. to be competitive in the global market and support high and rising living standards for their U.S. employees will be severely eroded. Furthermore if we don’t change course, we will reach a point — estimated by the nonpartisan Committee for a Responsible Federal Budget to be in 2031 — where the cost of mandatory spending on entitlement programs such as Medicare and Social Security and interest on the national debt will consume all available federal revenue. Under this scenario, there will be no money for critical investments in the future such as education and R&D and no money for other day-to-day functions of government that we take for granted — such as national security. That would be a disaster..."
16 October 2017 - As early as this week, the U.S. Senate will vote on a federal budget for fiscal year 2018, which began on October 1. As the Washington Post points out in an editorial, “They could do [tax reform] the right way, taking care to simplify the code without harming the country’s already stretched finances. Or they could hypocritically balloon the debt to pay for tax cuts, nullifying the benefits of the rewrite by plunging the country into dangerous fiscal territory.”
13 October 2017 - While President Trump and others usually focus on how economic growth can help reduce the debt, which is true, the relationship works the other way as well. Getting the debt under control can help grow the economy and improve the standard of living for all Americans.
12 October 2017 - Congress is finally moving on a federal budget, but lawmakers need your help to show them how to do it right.
06 October 2017 - The tax debate is moving forward in Washington, but lawmakers may be going in the wrong direction when it comes to the national debt. Anyone who laments the gross debt surpassing $20 trillion cannot support tax cuts that explode the debt in their next breath.
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