Devin Foley 0

Tell D.C.: Stop Spending the Next Generation into Debt!

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Whereas: Congress, the Department of the Treasury, and the Executive branch have increased the United States’ national debt to over $14 trillion by 2011. 


Whereas: The national debt doubled in less than ten years and is expected to double again in the next ten years. 

Whereas: Each American’s share of the national debt is $45,684, every American household’s share is $119,688, and every American household that “pays more in federal taxes than they receive in benefits from the federal government” share is $299,221. 

Whereas: The 2011 deficit is roughly 10% of America’s wealth (GDP) and the national debt is equal to or greater than all of America’s aggregate wealth. 

Whereas: An ever increasing national debt will lead to inflation, a weakened national government, and lower quality of life every American. 

Therefore: It’s time to hold the federal government accountable to the American People and future generations. I urge you to do everything in your power to stop the government from deficit spending, to balance the government’s budget, and to pay down the national debt!

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Intellectual Takeout is a non-political, educational 501(c)(3) institution based in Minnesota, with staff and volunteers located around the country and even internationally. Our mission is to empower individuals with the knowledge, clarity, and confidence to pursue a free and prosperous future. Our vision is to become a national leader in educating and mobilizing libertarians, progressives, conservatives, and independents in order to play a pivotal role in expanding individual and economic freedoms while reducing dependency on government.

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