event of interest to your readers- Oconee Community Forum on the National Debt
How Should We Deal with the National Debt? An Oconee Community Forum Conversation Russell Forum for Civic Life in Georgia Host Oconee Community Forum on the National Debt Sunday, November 13, 2011 3-5 p.m. Oconee Public Library Auditorium 1080 Experiment Station Rd. Watkinsville , Georgia According to Congressional Budget Office , the federal government closed out fiscal year 2011 with an estimated deficit of $1.3 trillion--the third straight year that the deficit exceeded a trillion dollars. The current total of all accumulated U.S. budget deficits is $14.8 trillion and accounts for 8.6% of the size of the overall economy. Have you ever wondered how much of that $14 trillion+ debt is on your shoulders now or on the shoulders of your kids in the future? Currently, every American’s share of the national debt and unfunded liabilities like Medicare and Social Security is $184,000 and climbing. If we do nothing to solve this ballooning debt, the federal ...