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Democrat and Republican Leaders United in Denial E-mail

Monday, December 17, 2007

Press Release/Position Statement

-From the desk of the Candidate-


According to 11th District Republican Congressional candidate Carl Mumpower, Washington leaders in both parties are ignoring dark clouds on America’s horizon.  “Our current national debt is quickly moving toward 10 trillion dollars, much of which is in the hands of China and other countries with a strong history of self service,” says Mumpower.  “Our President and members of Congress carry responsibility for that debt record, but it’s only a small piece of the bigger problem.”  According to David Walker, the comptroller general of the United States and the nation’s top auditor, “America is broke”.  Walker has repeatedly warned that America has a current budget shortfall of 50 trillion dollars when promised social security, Medicare, and other government entitlement programs are included.

 

“When one recognizes that the Federal budget is 2.4 trillion dollars and our total gross national product is 13.5 trillion – the impact of 50 trillion in debt becomes clearer,” noted Mumpower.  “Add the fact that baby boomers are just entering social security eligibility and Washington has robbed the social security bank, and disaster lurks over the horizon.”

 

Mumpower identified a number of solutions, beginning with the belief that this “800 pound gorilla be put on America’s stage instead of hidden in the basement.”  “When we all begin to understand what we are up against, we can become a part of the solution.”  “Americans are capable of overcoming any obstacle once we know the realities and urgencies attached,” said Mumpower.   “Somewhere between paralyzing fear and indifference is a point of action calling for accountability by our leaders and fair measures of sacrifice by the rest of us.”  “Nothing is going to happen until our leaders do what they are supposed to do – demonstrate courage, honesty, and maturity in addressing what matters over what’s easy.”

 

#32 – Federal Budget




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