Current US Debt
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Endorsements
“I commend ‘Americans for a Balanced Budget Amendment’ for their dedication to the principle of fiscal responsibility."
- Rep. Bob Goodlatte (VA-06), Chief sponsor of the Balanced Budget Amendment, US House of Representatives
“As Americans for a Balanced Budget Amendment work toward that goal [of a balanced budget amendment] we support their efforts.”
- Dave Ramsey, Radio Show Host and Business Analyst
The Deficit
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Seven Questions All Americans Must Ask:
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Must the most prosperous nation in the history of mankind resort to borrowing (some would say "stealing") from its children in order to pay its current bills? |
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Do Americans have so little self-control that we must regularly resort to spending 10-30% more than our yearly revenues year after year, decade after decade? |
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We are already over 9 trillion dollars in debt. Do we believe it is wise to keep adding hundreds of billions of dollars to this every year? |
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Do you believe that the trillion dollars spent to service our debt over the last 5 years was money well spent? |
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Do you trust that our politicians in Washington will suddenly become paragons of responsibility and self-control after adding two trillion dollars in debt in the last 6 years alone? |
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Do we believe that it is vital to borrow from our kids to pay for things like a 250 million dollar bridge to nowhere in Alaska? |
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Do you believe that the Chinese are yearly adding 300-400 billion dollars more to the debt load of their children year after year? Is it any wonder that the 21st century is predicted to be the century of the Chinese? |