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How You Can Help Reduce the National Debt Right Now

Updated on March 11, 2015
The National Debt Clock
The National Debt Clock

We Rise or Fall Together!

The election is finally over, and if you supported Obama you are pleased (if not elated) by the outcome. If you voted for Romney you are disappointed and probably frustrated. However, as Obama said in his acceptance speech, “while each of us will pursue our own individual dreams, we are an American family and we rise or fall together as one nation and as one people”.

What Could Cause This Great Nation To Fail?

Probably our national deficit and our increasing national debt. The majority of Americans agree with me, regardless of their political affiliation. In fact, a Pew research poll taken in June of 2012 reported that 84% of Republicans, 66% of Democrats, and 62% of independents think the national deficit is a top priority. There is also great bipartisan concern about the national debt, which is in excess of 16 trillion dollars as I write this. Although as a nation we agree that something must be done, Republicans and Democrats can't seem to come to an agreement on exactly what should be done to correct this frightening situation.

You Can Do Something Right Now!

However, there is something that you as a patriot can do right now without waiting for Washington to get a grip on the problem. The Treasury has a Bureau of the Public Debt, an agency that is set up to accept gifts. Your money will be used to reduce government debt by redeeming outstanding government bonds, notes and bills.

I have always been amazed by the generosity of Americans. We Americans generally give over 3 billion dollars a year to charitable causes. Perhaps, at this critical moment in time, America should be your favorite charity. If every American who was patriotic enough to vote this year donated an average of only $10.00 a year to the Bureau of the Public Debt, that would add up to $1,152,973,300 annually, slightly over 1 billion dollars a year. I'm sure that many among us could afford more, and that the wealthiest among us could afford much more.

You may argue that with a debt of 16 trillion dollars, a billion dollars a year is insignificant. But after all, this is our debt – yours and mine. We will be passing it on to our children. By starting to pay it off ourselves, without waiting for the gridlock in Washington to clear up – we send a loud and clear message to our politicians. We are all patriotic Americans that want our serious debt problem solved in a bipartisan manner! Perhaps they will get the message, and finally get down to business.

If you want to donate, go to the Treasury Direct site for general information. Follow this link to get information on how to pay by check or credit card. I just made an on-line payment, and it was very easy. I will let my elected officials know that I have made this donation as a patriotic American who is tired of gridlock, and so took action on my own. I will urge them to be patriotic as well, and to take immediate action to solve this problem in a bipartisan manner.

Spread the Word!

I ask all of you that are concerned about this issue to join me. Donate and then let your elected officials know about it. Spread the word! Let your family and friends know. Perhaps we can make this a national bipartisan movement, help pay off our debt and remind our government and each other that we are all Americans, and that we all love this country. Let's get it together – the national debt clock is ticking!

© 2012 Margaret Perrottet


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