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The Debt Wall Video

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Deficits are piling up worldwide. They are ruining America’s economy and other economies around the world. These deficits are costing us our jobs and harming our families. It will get worse when we hit the debt wall, which will occur when the world runs out of money available at cheap interest rates. Increasing taxes will only hurt our economy even more. Spending cuts alone aren’t enough either. What’s the solution? Reform… Restructure… and Renewal. It may hurt for a while, but whatever pain we feel fixing our deficit problems today, will be nothing compared to the pain we’ll feel if we wait.

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