The Campaign to Fix the Debt – a national nonpartisan coalition of business leaders, elected officials, community leaders, academics and concerned citizens – officially launched its state chapter in Georgia to bring concerned individuals together and call lawmakers to address the ballooning national debt.
Highlights from the Peach State …
GeorgiaReport.com ran an article by Tom Crawford titled “’Fix the Debt’ Group Launches Drive to Fix the Debt”.
Atlanta Business Chronicle (in screenshot above) covered the Georgia event as well as the issue of the debt and noted that the Georgia co-chairs are calling on “Republicans and Democrats in Washington to put aside their political differences and address a growing problem.”
Campaign co-chairs Martha Zoller (in photo above), national media personality and author, and Rick Allen, a business owner, were featured in Georgia Tipsheet’s coverage of the launch. Zoller noted that the debt is America’s “number one national security issue, fiscal issue and economic issue.”
“The $16 trillion debt plus interest threatens our nation’s future economic and national security,” said Campaign to Fix the Debt state co-chair Martha Zoller. “America’s out-of-control national debt should stand above all other issues as voters assess the candidates in this critical election year. The bottom line is that we can’t borrow and spend our way to prosperity. Our elected leaders and candidates hold differing opinions on many issues, but they must set partisanship aside and find common solutions that protect our country’s families, businesses and economy from a future economic crisis.”
In addition the long-term challenges associated with our debt, lawmakers will also need to confront the rapidly approaching “fiscal cliff” – over $600 billion of spending cuts and tax hikes next year alone that analysts unanimously agree would push the country back into a recession.
“Business leaders are concerned that Congress and the White House won’t agree on a budget before January. Simply put, we can’t hire new employees or invest in new capital in uncertain economic times, especially if the economy shows no signs of growth,” said Paul Voorhees, CEO of Ranger Joe’s, who attended the Campaign to Fix the Debt state launch. “The massive federal debt affects every aspect of the economy, from interest rates to loans for new construction. Companies of every size are feeling the effects of the national debt.”
National Debt and You