A National Debt Timetable

We’ve heard a lot about benchmarks and timetables in Iraq. Pundits love to bemoan the incompetence of the Iraqi officials and how they bicker among themselves instead of solving their country’s dire problems. But we’ve got plenty of feckless officials here in Washington who can’t come together to address one of the biggest long term threats to our own country: our colossal national debt.

We need a timetable to pay down the national debt. Too often, a new president gets elected or a new party takes over congress and we change course as a country while vital priorities like the debt are ignored. Congress and the next president need to come together and pass a mandatory program for eliminating our deficit. It must be binding so that future leaders cannot weasel out of the deal.

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