our debt problem is far from solved

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Join Americans everywhere in telling Washington to FIX THE DEBT. To join Fix the Debt, visit fixthedebt.org. Cut Wasteful Spending Reduce Military Spending While Protecting Our National Security Slow Health Care Cost Growth Fix Social Security for Future Generations Reform the Tax Code How to FIX THE DEBT Through smart adjustments to the budget and tax code, we can save trillions, while protecting our most vunerable, keeping America secure, and strengthening our economy and our future. One way or another, fiscal adjustments to stabilize the federal budget must occur...[if we don’t act in advance] the needed fiscal adjustments will be a rapid and painful response to a looming or actual fiscal crisis.” —Ben Bernanke, Former Chairman of the Federal Reserve Increased Cost of Living - More debt will mean higher interest rates on everything from credit card debt to car loans to mortgages. Government debt will By not taking responsibility for our debt, we place an increased tax burden on our children, and threaten their social services and retirement. Eventual Fiscal Crisis - If we don’t act now, on our own terms, the markets will force action through a severe economic crisis. What Happens If We Don’t Act Decisively? Growing debt also would increase the probability of a sudden fiscal crisis, during which investors would lose confidence in the government’s ability to manage its budget, and the government would thereby lose its ability to borrow at affordable rates.” —Doug Elmendorf, Former Director of the Congressional Budget Office Our national debt is our biggest national security threat.” Admiral (ret.) Mike Mullen, Former Chairman of the Joint Chiefs of Staff The national debt is likely to be 100% of the U.S. economy by 2039. Slower Wage Growth - crowd out productive investments, leading to slower economic growth and lower wages. Generational Injustice -

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Page 1: Our Debt Problem is Far from Solved

Join Americans everywhere in telling Washington to FIX THE DEBT.

To join Fix the Debt, visit fixthedebt.org.

Cut Wasteful Spending

Reduce Military Spending While Protecting Our National Security

Slow Health Care Cost Growth

Fix Social Security for Future Generations

Reform the Tax Code

How to FIX THE DEBTThrough smart adjustments to the budget and tax code, we

can save trillions, while protecting our most vunerable, keeping America secure, and strengthening our economy

and our future.

One way or another, fiscal adjustments to stabilize the federal budget must occur...[if we don’t actin advance] the needed fiscal adjustments will be a rapid and painful response to a looming or actual fiscal crisis.” —Ben Bernanke,

Former Chairman of the Federal Reserve

“Increased Cost of Living - More debt will mean higher interest rates on everything from credit card debt to car loans to mortgages.

Government debt will

By not taking responsibility for our debt, we place an increased tax burden on our children, and threaten their social services and retirement.

Eventual Fiscal Crisis - If we don’t act now, onour own terms, the markets will force actionthrough a severe economic crisis.

What Happens If We Don’t Act Decisively?

Growing debt also would increase the probability of a sudden fiscal crisis, during which investors would loseconfidence in the government’s abilityto manage its budget, and the government would thereby lose itsability to borrow at affordable rates.”

—Doug Elmendorf, Former Director of the Congressional Budget Office

Our national debt is our biggest national security threat.”

— Admiral (ret.) Mike Mullen, Former Chairman of the

Joint Chiefs of Staff

The national debt is likely to be 100% of the U.S. economy by 2039.

Slower Wage Growth -crowd out productive investments, leading to slower economic growth and lower wages.

Generational Injustice -