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.
While the rest of us labored to meet today’s tax filing deadline, lawmakers have not been so diligent in improving the tax code.
New budget numbers are out, but the story remains the same as it has been as of late: deficits will drop over the next couple of years, only to return to trillion-dollar levels within ten years.
The release of a major tax reform proposal from House Ways and Means Chair Dave Camp is generating interest in fixing the tax code, which is critical to fixing the debt. Here are some helpful resources to get up to speed on the topic.
Americans have a lot to say about the nation’s fiscal outlook and what it means to them. Through Fix the Debt, their voices are being heard.
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 April 2014 - As many of us rushed to file our tax returns on Tuesday, forgotten was another April 15 deadline. And our representatives dropped the ball on that one.
15 April 2014 - While the rest of us labored to meet today’s tax filing deadline, lawmakers have not been so diligent in improving the tax code.
14 April 2014 - New budget numbers are out, but the story remains the same as it has been as of late: deficits will drop over the next couple of years, only to return to trillion-dollar levels within ten years.
14 April 2014 - There was lots of talk last week about the budget, but there was little movement towards bipartisan agreement on a way forward for the country.
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