2. The One Cent Solution - Restoring America’s Financial Future U.S. Public Debt to Double Over Next 10 Years Source: Congressional Budget Office
3. The One Cent Solution - Restoring America’s Financial Future Interest Payments Quadruple by 2020 Source: Congressional Budget Office
4. Compare to Typical American Family If a typical family acted like the federal government, what did 2010 look like? We earned about $50,000 We spent more than $80,000! We added $30,000 to our credit card debt Total credit card debt: Over $200,000! The One Cent Solution - Restoring America’s Financial Future
11. Spending reduced $7.5 trillion The One Cent Solution - Restoring America’s Financial Future
12. The One Cent Solution - Restoring America’s Financial Future The One Cent Solution Path to Balanced Budget
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14. Doug Holtz-Eakin, Former CBO Director; Chief Economist to Senator McCain’s presidential campaign hosts American Action Forum; Russell Senate Buildingwith:
20. 74 Economists Endorse OCS: Duke University, U of California Irvine, Texas A&M, Wake Forest University, U. of Michigan, JP Morgan Chase, Fordham University, Broward Collage, Cal Poly University, University of Akron, University of Maryland, Washington State University, East Carolina UniversityBen Wilterdink Center for Fiscal Accountability March 7, 2011 This week, the American Action Forum held an interesting panel discussion…A great standout in the presentations was that of Bruce Cook, founder of One Cent Solution…
31. Community Captain Campaign Goal: 100 Community Captains per city who sign up 50 petition signers=5,000 per city The 1% Solution - Restoring America’s Financial Future
32. The One Cent Solution - Restoring America’s Financial Future Our Challenge and Opportunity “We should avoid ungenerously throwing upon posterity the burden we ourselves ought to bear.” - George Washington “We must not let our rulers load us with perpetual debt.” -Thomas Jefferson “I am only one, but I am one. I cannot do everything, but I can do something. And I will not let what I cannot do interfere with what I can do.” -Edward Everett Hale Become part of the solution—Sign the petition. Become a Community Captain. Visit: www.onecentsolution.org