2011 Fiscal Summit will address national debt.

Posted on May 22, 2011 by J Scott Christianson

Got this email recently about an upcoming forum by the Peter G. Peterson Foundation. This foundation is about as good as it gets on a bi-partisan group that is concerned about the national debt. They are the same group that put together the I.O.U.S.A video a few years back. They now has a youtube channel where you can view a lot of that movie.

 

Participate in the 2011 Fiscal Summit with President Clinton!

On May 25, the Peter G. Peterson Foundation will host the 2011 FISCAL SUMMIT: SOLUTIONS FOR AMERICA’S FUTURE, featuring President Bill Clinton, Democratic and Republican leaders, senior White House officials, and economic policy experts. This unprecedented group of leaders will share their views on how to strengthen America’s economic future and discuss deficit-reduction proposals from policy organizations representing diverse perspectives.

These proposals were developed through the Foundation’s Solutions Initiative, an effort to move beyond party politics and build consensus around ways to improve our nation‚s fiscal outlook. With leaders from across the political spectrum discussing concrete budget plans, the Summit marks a turning point in the movement to find bipartisan fiscal solutions that help preserve the American Dream for future generations.

Joining President Clinton are members of Congress includingSenators Saxby Chambliss (R-GA), Kent Conrad (D-N.D.), Mike Crapo (R-ID), Dick Durbin (D-IL), Mark Warner (D-VA) andCongressman Paul Ryan (R-WI); White House National Economic Council Director Gene Sperling; Indiana Governor Mitch Daniels; Co-Chair of the National Commission on Fiscal Responsibility and ReformAlan Simpson and member David Cote; New York Times ColumnistDavid Brooks, and Foundation Chairman Pete Peterson and Vice Chairman Michael Peterson. Moderators include Maria Bartiromo, Gwen Ifill, George Stephanopoulos, Judy Woodruff and David Wessel.

Join the Discussion

As a Foundation supporter, you are invited to watch the Fiscal Summit live and participate in the conversation. You can help strengthen America’s economic future by making your voice heard.

Ask The Tough Questions:

Click here to ask a question about the national debt and budget debate.

We’ll pick the three best questions and put them up for voting on theOweNo Web Site and OweNo Facebook page.

The winning question will be answered publicly at the Summit by one of our VIP participants!

Watch the Summit Live:

The 2011 Fiscal Summit will be viewable live on the Internet atwww.pgpf.org on May 25th.

 

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  • Jim

    THE SOLUTION

    Everyone living in United States knows that our country is in trouble. We are headed towards civil unrest and rioting in the streets similar to what is happening in Greece and other areas of the world.

    It is almost as if there is a dooms day scenario about to unfold and our leaders are saying run up the deficit. Who cares what our National Debt is because the world is about to end and we will never have to pay it back.

    Let us put on our Nostradamus thinking caps! Imagine ourselves 100 years in the future looking back at the fall of the United States of America. What solutions will the Historians say that if we had implemented them could of saved us from destruction.

    I believe that in this mindset we can easily agree that the following need to be implemented immediately. Not one or some of these solutions but all.

    1) One flat rate tax of 20% for all purchases and services in the United States. Dismantle the IRS.

    2) Debit cards must be used for all purchases in the United States. This would insure that taxes are being paid and help regulate any year end tax rebates.

    3) For every dollar spent for any new product made in the United States the purchaser would receive a 10 cent rebate at the end of the year. This would create American jobs.

    4) Any terminally diagnosed person would have an option to receive a one lump sum payment of $45,000 to go home and die with dignity as opposed to low quality life extension in a hospital at a huge cost to society. This money could be used for a spouse or to help put someone in the family thru college.

    5) Legalize all drugs. Regulate this industry. This would get rid of the drug cartels and eliminate all the senseless drug related murders. For forty years the United States has been at War with Drugs and we are still loosing. Do not condone drug usage just regulate it.

    Jim Burns
    You Tube mynation123