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 national debt forecast is troubling, especially when put in human terms. Follow Hope as she grows up with debt.
Tax reform is high on the agenda. It must be done in a way that helps to grow the economy and fix the debt. See our resources.
Rising national debt will impact the U.S. economy and American families. See how you will be affected.
We've updated our Q&A on the national debt. It has the answers to the key questions you have about this important issue. Check it out.
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..."
18 May 2017 - Everybody wants to grow the economy faster, and with good reason. In addition to improving incomes for Americans, more growth will also help fix the debt. However, some politicians are making unrealistic promises about how much growth can be achieved.
12 May 2017 - We have the official forecast of what the national debt will look like in the years to come if we don’t fix the debt, and it is dire. While the prospect of debt growing indefinitely from already historical highs is cause enough for concern, the outlook is even more daunting when we put the numbers in human terms.
Washington is Already Behind in Deciding Government Spending for Next Year, But That Isn’t the Worst Part
10 May 2017 - Last week, Congress finally settled federal government spending for this fiscal year...seven months into it. Now, it already finds itself behind in addressing the budget for the coming year. However, what is even more troubling is that all the time and effort is being spent on a small and diminishing share of the budget.
02 May 2017 - The tax reform outline recently released by the White House is very light on details. As the holes are filled in, here is what should be built on and what needs to be drastically improved.
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