Solutions For Our National Debt

Back to: We the Sustainable People Blog   Giving Legacy Website   

With over 70 trillion dollars of unfunded obligations that our federal government is facing, the next several decades will be crucial to the United States maintaining its status as a Super Power in the world.

The below solutions have been compiled by professional organizations specifically assembled to ensure that the United States has the best resources and solutions at its disposal as we implement the most important debt reduction program in this world's history. The children of tomorrow are counting on our country collaborating to not only prepare the most effective deficit reduction plans, but also to implement these plans to fruition so that in the year 2046 we are not faced with the predicted economic state of having only enough government revenues to pay the interest on all the money we borrowed to run our country.

{Click on any photograph or article title to expand it for full viewing}

SOLUTIONS FOR THE UNITED STATES DEBT CRISIS
Let us be very clear that the situation facing the United States is very serious and threatening the sustainability our country.  Because of the complexity of the federal budget, it is imperative that we bring all the resources available from the government, private sector, and separate initiatives that are dedicating their resources to help our country climb out of this financial grand canyon.  
If you would like to learn more about our national debt and annual deficit, please visit the Federal Budget blog and then return to review the solutions presented in this section.
The Peter G. Peterson Foundation has been very instrumental in the creation of many of the proposals to date and has sponsored another 1.2 million dollar grant to have six organizations present their individual solution to the national debt crisis.  In this recap, we will present most all of the organizations that have provided their solutions, as well as a brief commentary on our findings and key points and allow you to formulate your own opinions as to what this country should do to resolve this critical issue.
_______________________
Organization:     Comeback America Initiative
Principal:             David Walker, CEO
Solution:              Comeback America: The Nation’s Fiscal Challenge and a Way Forward   
Giving Legacy Commentary:
This first solution is presented by David Walker.  For those unclear who David Walker is, let me introduce you to the former Comptroller General of the United States.  Mr. Walker ran the Government’s Accountability Office through two presidencies and in his final years knew that this country needed to begin implementing serious solutions to a deficit and debt issue that was threatening the sustainability of the country.  After running the Peter G. Peterson Foundation as the President and CEO, Mr. Walker started the Comeback America Initiative and has presented this solution as “A Way Forward.”
The first 48 pages outline the situation the country is in and the problems our country is facing.  The remaining 15 pages outline the adjustments, cuts, and solutions that Mr. Walker sees as the way forward.  These solutions address Social Security, Medicare, defense spending, health care, and the other major issues that this country needs to address going forward.
I have met with Mr. Walker and analyzed his presentations and I can tell you with 100% confidence that he knows this material backwards and forwards.  His presentations require a DVR to rewind and replay to ensure that you can follow the fast-paced education being disseminated.  Mr. Walker certainly has the experience and had the front row seat by running the government’s accounting office.  There are obviously many issues that still need to be analyzed and resolved before a final program can be presented.  However, what Mr. Walker has presented has many concrete policies recommended, and he knows which questions to still ask to get to the right answer.  He also has the drive and motivation to ensure that the right solutions get implemented.  The question still remains however, how will these solutions turn into policy?  Hopefully, the road will be paved for the majority of Mr. Walker’s solutions to end up in the final debt reduction plan for this country – at least the children of tomorrow are counting on it.
_______________________
Solutions With Commentary Coming
__________
Organization:    Representative Paul D. Ryan
Principal:          Representative Paul D. Ryan, Ranking Member, Committee on the Budget
Solution:           A Plan to Solve America’s Long-Term Economic and Fiscal Crisis  
_______________________
Organization:    Esquire Commission to Balance the Federal Budget
Principal:           Lawrence O’Donnell, Chair
Solution:            The Commission to Balance the Federal Budget 
_______________________
Organization:    Bipartisan Policy Center
Author:             Sen. Pete Domenici;  Dr. Alice Rivlin
Solution:           Restoring America’s Future 
_______________________
Organization:    Center for American Progress
Authors:            Michael Ettlinger and Michael Linden
Solution:            A Thousand Cuts
_______________________
Organization:    The Century Foundation
Authors:            Becky Thiess and Andrew Fieldhouse
Solution:            Investing in America’s Economy
_______________________
Organization:    The Pew Charitable Trusts
Authors:            Hon. Bill Frenzel;  Hon. Timothy Penny;  Hon. Charlie Stenholm
Solution:            Getting Back in the Black
_______________________
The latest government effort was a commission requested by President Obama to produce a report addressing the national debt.
Organization:    The National Commission on Fiscal Responsibility and Reform
Authors:            Erskine Bowles and Alan Simpson
Solution:            The Moment of Truth

SOLUTIONS FOR THE UNITED STATES DEBT CRISIS

Let us be very clear that the situation facing the United States is very serious and threatening the sustainability our country.  Because of the complexity of the federal budget, it is imperative that we bring all the resources available from the government, private sector, and separate initiatives that are dedicating their resources to help our country climb out of this financial grand canyon. 

If you would like to learn more about our national debt and annual deficit, please visit the Federal Budget blog and then return to review the solutions presented in this section.

The Peter G. Peterson Foundation has been very instrumental in the creation of many of the proposals to date and has sponsored another 1.2 million dollar grant to have six organizations present their individual solution to the national debt crisis.  In this recap, we will present most all of the organizations that have provided their solutions, as well as a brief commentary on our findings and key points and allow you to formulate your own opinions as to what this country should do to resolve this critical issue.

_______________________

Organization:     Comeback America Initiative

Principal:             David Walker, CEO

Solution:              Comeback America: The Nation’s Fiscal Challenge and a Way Forward   

Giving Legacy Commentary:

This first solution is presented by David Walker.  For those unclear who David Walker is, let me introduce you to the former Comptroller General of the United States.  Mr. Walker ran the Government’s Accountability Office through two presidencies and in his final years knew that this country needed to begin implementing serious solutions to a deficit and debt issue that was threatening the sustainability of the country.  After running the Peter G. Peterson Foundation as the President and CEO, Mr. Walker started the Comeback America Initiative and has presented this solution as “A Way Forward.”

The first 48 pages outline the situation the country is in and the problems our country is facing.  The remaining 15 pages outline the adjustments, cuts, and solutions that Mr. Walker sees as the way forward.  These solutions address Social Security, Medicare, defense spending, health care, and the other major issues that this country needs to address going forward.

I have met with Mr. Walker and analyzed his presentations and I can tell you with 100% confidence that he knows this material backwards and forwards.  His presentations require a DVR to rewind and replay to ensure that you can follow the fast-paced education being disseminated.  Mr. Walker certainly has the experience and had the front row seat by running the government’s accounting office.  There are obviously many issues that still need to be analyzed and resolved before a final program can be presented.  However, what Mr. Walker has presented has many concrete policies recommended, and he knows which questions to still ask to get to the right answer.  He also has the drive and motivation to ensure that the right solutions get implemented.  The question still remains however, how will these solutions turn into policy?  Hopefully, the road will be paved for the majority of Mr. Walker’s solutions to end up in the final debt reduction plan for this country – at least the children of tomorrow are counting on it.

_______________________

Solutions With Commentary Coming

__________

Organization:    Representative Paul D. Ryan

Principal:          Representative Paul D. Ryan, Ranking Member, Committee on the Budget

Solution:           A Plan to Solve America’s Long-Term Economic and Fiscal Crisis  

_______________________

Organization:    Esquire Commission to Balance the Federal Budget

Principal:           Lawrence O’Donnell, Chair

Solution:            The Commission to Balance the Federal Budget 

_______________________

Organization:    Bipartisan Policy Center

Author:             Sen. Pete Domenici;  Dr. Alice Rivlin

Solution:           Restoring America’s Future 

_______________________

Organization:    Center for American Progress

Authors:            Michael Ettlinger and Michael Linden

Solution:            A Thousand Cuts

_______________________

Organization:    The Century Foundation

Authors:            Becky Thiess and Andrew Fieldhouse

Solution:            Investing in America’s Economy

_______________________

Organization:    The Pew Charitable Trusts

Authors:            Hon. Bill Frenzel;  Hon. Timothy Penny;  Hon. Charlie Stenholm

Solution:            Getting Back in the Black

_______________________

The latest government effort was a commission requested by President Obama to produce a report addressing the national debt.

Organization:    The National Commission on Fiscal Responsibility and Reform

Authors:            Erskine Bowles and Alan Simpson

Solution:            The Moment of Truth

— 3 years ago with 6 notes
#American Enterprise Institute  #Bipartisan Policy Center  #Center for American Progress  #Children of Tomorrow  #Comeback America Initiative  #Economic Policy Institute  #Giving Legacy  #Giving Legacy Plan  #Givng Legacy Fund  #National Debt  #National Deficit  #Roosevelt Institute Campus Network  #Solutions for the united states debt crisis  #State of the Union  #The Heritage Foundation  #The Heritage Foundation’s Center for Policy Innovation  #concord coalition  #esquire commision to balance the federal budget  #esquire commission  #solutions for the national debt  #the commission to balance the federal budget  #Paul Ryan  #The Pew charitable Trusts  #The National Commission on Fiscal Responsibility and Reform  #deficit commission 
  1. solutions-gl posted this