National Debt and Deficit

The Reality

• $39 trillion in debt
• $1.9 trillion annual deficit
• $1 trillion/year in interest.

The Truth

• We are borrowing to fund day-to-day operations.
• Interest is now one of the largest government expenses.
• This is accelerating – not stabilizing.

The Impact on You

• Higher taxes (now or later)
• Higher interest rates
• Reduced government services
• Lower long-term economic growth.

The Global Comparison Countries like:

• Sweden
• Switzerland
• Denmark
  ... Maintain ...
• Lower debt
• Balanced Budgets
• Better Outcomes.

No enforcement! No accountability! No long-term plan!

The Solution

• Enforce Fiscal Rules
• Control Spending Growth
• Align Spending with Results
• Make Leaders Accountable.