MYRTLE BEACH, SC (WMBF) - Now that the election is over and we know who will serve as President for the next four years, it's time to get serious about addressing our national debt crisis.
Consider This: One of the biggest issues – if not THE biggest issue – facing our country is our mounting debt. There was hope that Washington was going to address the problem when Erskine Bowles and former Senator Alan Simpson were appointed to work on a proposed a deficit-reduction plan. But once their plan was presented, their suggestions were ignored.
Here's the challenge; if we are going to fix this problem it is going to take cooperation between Republicans and Democrats. In addition, it could mean raising taxes and eliminating some tax deductions. Unfortunately many of our representatives in Washington would rather blame the other party than work together to ensure our country's financial stability.
Most Americans are sick of the fighting in Washington. It's time for Congress and the President to work together to come up with a plan to reduce the deficit. It won't be easy or popular, but it has to happen. Implementing many of the recommendations in the Bowles Simpson plan is a great place to start.
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