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This Citizen's Guide is intended to provide a clear and concise summary of where our nation stands financially and where it is headed fiscally. The facts are clear and compelling--the federal government's financial condition is worse than advertised and we are on an imprudent, irresponsible and unfair path. Washington policy makers are mortgaging the future of our country, children and grandchildren. As the graph on this cover demonstrates, tough choices will be required sooner rather than later because time is not currently on our side.
What do we as a country need to do? We need to: stop digging our fiscal hole; reform Social Security, Medicare and other entitlement programs to reflect Americans' longer lifespans and economic realities; constrain other spending growth; reform our tax system while generating more revenue; engage in comprehensive health care reform; increase national saving; and elect responsible leaders.
This guide is intended is to help inform you of the nature and seriousness of our nation's fiscal challenge. On pages 21-24, you will find a description of what's at stake, a proposed path forward, and a series of actions you can take.
Only you, the voters, can hold current and prospective elected officials accountable for taking steps that will help to ensure that our collective future is better than our past.
