We're more than $16 trillion in debt, and while Congress may have averted the fiscal cliff, they didn't make any real spending cuts in the process. In the past we've heard promises from lawmakers to cut spending, and now Bankrupting America, a project of Public Notice, is holding them accountable to those promises using their own words with a new campaign, "Talk is Cheap, Overspending is Not."
Congress reached a deal on the fiscal cliff, but what did they really accomplish? With a debt ceiling debate looming in the near future and virtually no spending cuts included in the cliff deal, we’re not out of the woods just yet. Listen to Public Notice Executive Director Gretchen Hamel discussing on 970 WFLA's AM Tampa Bay.
Bankrupting America, a project of Public Notice, announced today a new campaign, "Talk is Cheap, Overspending is Not," holding Washington lawmakers accountable for promises to cut wasteful spending and get America's debt and deficits under control. The campaign will feature advertising at Capitol South and Union Station metro stops in Washington, D.C., as well as online advertising.
The first step to fixing a problem is admitting you have one. Our deficit is on pace to top $1 trillion for the fifth straight year. Washington hasn’t produced a budget in more than a thousand days. We’re about to blow through another debt ceiling. Yet, according to our current administration, “We don’t have a spending problem.”
For years, leaders have been all talk and no action when it comes to tackling our overspending problem, and now Bankrupting America, a project of Public Notice, is calling them out for the empty promises with a new video as part of our “Talk is Cheap, Overspending is Not” campaign that launched in early January.
As the president makes the case that certain groups would suffer if the debt ceiling were not raised, he fails to acknowledge the debt ceiling wouldn't have to be raised if Washington would get spending under control. Gretchen Hamel, executive director of Public Notice, joins AM Tampa Bay to discuss this and more.
Sometimes it feels like we swing from one fiscal crisis to the next. Earlier this month it was the fiscal cliff, now it is the debt ceiling, and after that will be the sequester. … Consider this your dose of debt ceiling reality.
We don't have a spending problem? After months of promises to cut spending, it was reveled that Obama said he believes America doesn't have a spending problem. Gretchen Hamel, executive producer of Public Notice, joins AM Tampa Bay to discuss the wave of denial on debt and spending in Washington.
Bankrupting America, a project of Public Notice, today released “’Twas the Night Before Cliff-Mas,” a 14-page book that parodies the famous poem “’Twas the Night Before Christmas” with a clever take on the fiscal cliff negotiations and how we came to the precipice of fiscal disaster.
With no real progress in the fiscal cliff negotiations, Americans remain fearful that they will see a substantial rise in taxes coming in 2013. Gretchen Hamel joins AM Tampa Bay to discuss the current state of the cliff talks and why this standstill could mean politics will drive us off the cliff.
We're a little over two weeks away from the fiscal cliff, and Washington still doesn't have any answers when it comes to sequestration. What's worse is that back in October (during the peak of campaign season), President Obama said unequivocally that the sequester "will not happen," only to shift gears entirely last week when Treasury Secretary Timothy Geithner said that they were "absolutely" prepared to go off the cliff – and that, by the way, the Pentagon should start planning accordingly.