Speaker: Fix the Debt

Jack Heidel spoke on the subject ‘Fix the Debt’ to our Kiwanis Club.  He graphically illustrated the dilemma of fixing the national debt.  In 2014 the USA had a $half-trillion deficit.  Interest on the debt was 7% in 2014 but  projected to increase to 16% by 2030 and 20% by 2050.  Medicare/Medicaid alone comprises nearly 50% of total spending so the continued need to provide health care coverage is challenging any solution to the national debt.  Jack has no solution but was simply stating the facts urging us to contact our representatives to find a solution.  
Want to learn more? Visit www.fixthedebt.org