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.
In September of 2014, Fix the Debt co-hosted The Dartmouth Summit to explore ways to improve Medicare. On February 26, reform recommendations stemming from the conference were released.
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 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..."
27 February 2015 - Congress faces yet another deadline and yet again is poised to go to the brink. That doesn’t bode well for the other budget deadlines lawmakers face this year.
26 February 2015 - Rising health care costs are one of the key drivers of the debt going forward. Fortunately, efforts are underway to make Medicare more efficient while improving how it serves its vital purpose.
23 February 2015 - President Obama released his Fiscal Year 2016 budget. Now it’s Congress’ turn to come up with a budget plan.
19 February 2015 - We celebrate Chinese New Year today as we begin the Year of the Goat. Though it seems like every year recently has been a year of goats.
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