Thursday, March 17, 2016
Our country is in trouble. The national debt has reached $19 trillion, with billions added each day. Thousands of Federal programs are losing hundreds of billions of dollars annually to waste, fraud and abuse. Interest payments on the debt and mandatory spending programs like Medicare and Social Security will soon consume all Federal resources. The time is now to make tough decisions and prioritize spending in Washington. Ask yourself, “are the Federal programs in this report worth borrowing against our future? Your children’s future? Their children’s future?” Drunk on Debt, comprised of information readily available to the public and mostly from our own archives, is just a fun conversation starter. Agree or disagree with its entries, it is clear that choices will have to be made to secure our future.
Read the full report here (PDF).
Restore Accountability is former Senator Tom Coburn's new 501(c)(3) educational non-profit organization created to bring objective, factual information regarding the impact of our national debt and wasteful spending directly to those generations most negatively impacted. Learn more here.