Fix the Debt Texas

Story Summary

THIS IS A MULTIVU SPECIAL REPORT BROUGHT TO YOU BY FIX THE DEBT.

AMERICA'S PUBLIC DEBT IS NOW OVER 16-TRILLION DOLLARS—AND SHOWS NO SIGNS OF SLOWING DOWN. THAT'S WHY WANDA ROHM— FOUNDER OF PRESTO PRINTING—IS HELPING TO LAUNCH THE TEXAS CHAPTER OF THE "CAMPAIGN TO FIX THE DEBT"— DEDICATED TO FINDING BIPARTISAN POLICY SOLUTIONS TO THE FISCAL CLIFF AND BRING LONG-TERM DEBT UNDER CONTROL.

WANDA ROHM, FOUNDER OF PRESTO PRINTING:

"Over the past 40 years, America's public debt has averaged below 40-percent of the economy. Today, it's surpassed 70 percent and could grow past 200 percent of G-D-P before kids who are born today turn 25."

MORE NATIONAL DEBT MEANS HIGHER INTEREST RATES ON CONSUMERS' CREDIT-CARDS, CAR-LOANS, AND MORTGAGES... AND AN INCREASED TAX BURDEN ON FUTURE GENERATIONS.

"Inaction is not an option. If we fall off the fiscal cliff, Texas could lose 160,000 jobs with families seeing sudden spikes in their taxes, leaving less money to pay bills and maintain consumption."

TO SIGN A PETITION, CHECK OUT FIXTHEDEBT.ORG.

I'M DAN MARRIN.