New web video explaining President Obama’s fiscal year 2013 budget outline
For Immediate Release:
February 14, 2012
Kate Pomeroy 703.927.7111
Victoria Coley 443.758.6077
Public Notice Releases Web Video Explaining President Obama’s
Fiscal Year 2013 Budget Outline
Arlington, VA – Yesterday, President Barack Obama released his fiscal year 2013 budget outline. The budget calls for $3.8 trillion in spending for the fiscal year beginning Oct. 1, 2012. To help educate Americans about the President’s outline, and state of federal spending in general, Public Notice has released an informational Web video.
“Most Americans think in terms of tens, or maybe hundreds of dollars, not trillions,” said Public Notice Executive Director Gretchen Hamel. “The numbers Congress and the President throw around each budget season are almost unfathomable to taxpayers. We wanted to present information about where their money is going in an interesting and digestible way.”
The video reveals how much taxpayers spend on individual budget items like Social Security, and Medicare, and tracks the increases these programs will see under President Obama’s budget. The video also notes increases for other “discretionary” spending (budget items, like education and homeland security, for which Congress must appropriate each year).
“Today’s budget release shows the U.S. is likely to add $3.44 trillion to the national debt over the next five years. The debt is already $135,000 for every U.S. household,” Hamel noted. “By showing where the money actually goes, our video demonstrates that lawmakers need to look for ways to cut and reform spending in every budget area – from Social Security to earmarks, Medicare to education. Our fiscal path is unsustainable otherwise.”
Watch Video here
Run Time: 1:02
To schedule an interview with Gretchen Hamel please call Kate Pomeroy or
Victoria Coley at 571-970-6497 or email email@example.com
Public Notice is an independent, nonpartisan, non-profit, 501(c)(4) organization dedicated to providing facts and insight on the effects public policy has on Americans’ fina