Congress and the White House continue to largely ignore the country’s fiscal problems amid the latest warning from the Congressional Budget Office regarding our unsustainable debt path and how it will endanger the economy. Yet, there is plenty of support for action among those who understand what’s at stake, and there are lots of ideas to work with.
After a First Budget volunteer asked former Florida Governor Jeb Bush in Iowa about how he would address the national debt in his first budget if elected president, he began his answer by stating: “I see you all over and welcome you.”
The nonpartisan Congressional Budget Office (CBO) Tuesday came out with its annual Long-Term Budget Outlook. In a familiar refrain, CBO once again warns that the national debt is on an unsustainable course that threatens long-term economic growth.
All of us at Fix the Debt are saddened by the passing of James Lee, who died today at the age of 62.
The 2016 presidential campaign continues to ramp up, with Hillary Clinton holding a high-profile rally over the weekend and Jeb Bush formally announcing his campaign today. Meanwhile, activists are also ramping up their efforts to get the attention of the candidates and spark a constructive discussion about the federal budget through our First Budget initiative.