The Wall Street Journal reports that the IRS scandal could boost efforts to enact fundamental tax reform this year. The feeling among some members of Congress is that the scandal highlights the fact that the tax system is broken. Hopefully this is the case since tax reform is vital to fixing the debt.
Washington hasn’t accomplished much recently on major issues. In particular, addressing the nation’s unsustainable financial situation has been an area where leaders often talk about the need for action, but have been unable to work together to get it done. We need true leadership to produce a lasting legacy that will strengthen the nation.
A recent report highlights the need to strengthen Social Security's finances. A new, interactive tool allows you to make the choices to preserve it for future generations.
Policymakers face some key deadlines this fall related to the federal budget and debt ceiling. Unfortunately, they presently aren’t making much headway in avoiding debacles in both cases. But if Washington can move beyond the gridlock and roadblocks in an intelligent manner a stable economic and financial path lies ahead.
Fix the Debt is advancing the need to address the national debt not just in Washington, DC, but across the country. A recent forum in Cleveland, Ohio illustrates the reach of the campaign.