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Money Talk

moneybag.jpgMany Americans can recall various conversations around their family kitchen tables about finances. Probably most of such conversations involved the family's budget deficit. (Conversations about family surpluses were probably held at nice restaurants instead!)

A new conversation about finances - this time a national dialogue about the looming US budget deficit - is occurring throughout the country. The organization that is spearheading this initiative is called simply, Facing Up to the Nation's Finances.

In their press release they say:

The Facing Up to the Nation's Finances initiative aims to move the conversation about the federal budget challenge away from individual spending bills and discretionary spending and toward a larger discussion of how to address entitlement programs like Social Security and Medicare that will explode as baby boomers retire in the coming years, the growing national debt (that continues to increase despite smaller deficits in recent years) and more closely matching expenditures to revenues.

To get more information about this dialogical initiative check out their website here.


And this might give you an idea of just how bad the family budget crisis is:

FACING UP TO THE
Nation's Finances
National Debt Clock

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