For Immediate Release:
January 27, 2011
Kate Pomeroy (703) 927-7111
Victoria Coley (443) 758-6077
U.S. DEBT LIMIT RAISED TO $16.4 TRILLION
How High Is Too High Before The American People Say Enough Is Enough?
Arlington, VA– Today, the U.S. debt limit was raised to $16.4 trillion. This increase was authorized as a part of the debt-ceiling bill passed last August by politicians in Washington, D.C. elected to get our country’s fiscal house in order. Yet, Americans should consider what it means to be $16.4 trillion in debt as a nation and finally decide that enough is enough.
A recent poll sponsored by Public Notice and conducted by The Tarrance Group found that Americans are discouraged both about the leadership in Washington and the direction of the country. 56% think our government is hurting the economy, rather than improving it. Congress’s approval rating is at a 40 year low. Americans crave a new direction and committed, common sense leadership from Washington.
Gretchen Hamel, Executive Director of Public Notice, said the following:
“Washington politicians – Republicans and Democrats alike – avoid a lot of issues that are hampering the American economy. Washington politicians continue to propose the same old, tired solutions that have failed, and avoid meaningfully addressing the biggest problems, starting with runaway government spending. It’s that reckless fiscal approach that has led to a 16 trillion debt and will condemn our children to even larger liabilities unless we reform government now.”
Bankrupting America products:
View SOTU Web Video: Stop the Rhetoric, It’s Time to Act
View National Poll: Americans doubtful SOTU will reveal new solutions
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’ financial well being.