It’s become apparent to many Americans that if we do not act decisively on the nation’s debt soon, our economy will be seriously hobbled and we will dump an unsustainable burden on our children and grandchildren.
“What’s decided (or not decided) over the next few years will spell big changes for the way we live our daily lives,” write Scott Bittle and Jean Johnson in Where Does the Money Go? Your Guided Tour to the Federal Budget Crisis. “How the country solves or doesn’t solve this problem will affect our paychecks, our investments, our mortgages, our kids’ prospects in life, what kind of health care we’ll get, our chances of ever getting to retire—even whether we live in a country that’s fair, stable and prosperous.”
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