Kevin Fischer is a veteran broadcaster, the recipient of over 150 major journalism awards from the Milwaukee Press Club, the Wisconsin Associated Press, the Northwest Broadcast News Association, the Wisconsin Bar Association, and others. He has been seen and heard on Milwaukee TV and radio stations for over three decades. A longtime aide to state Senate Republicans in the Wisconsin Legislature, Kevin can be seen offering his views on the news on the public affairs program, "InterCHANGE," on Milwaukee Public Television Channel 10, and heard filling in on Newstalk 1130 WISN. He lives with his wife, Jennifer, and their lovely young daughter, Kyla Audrey, in Franklin.
On Tuesday, Congressional Budget Office director Douglas Elmendorf appeared before the House Budget Committee and testified that the nation’s debt will exceed 100 percent of GDP within 25 years, and continue a calamitous rise from there. Elmendorf called the rise a “trend that could not be sustained” and one that will eventually bring “the risk of a fiscal crisis.”
Elmendorf also stated that by the end of 2015, federal debt “held by the public” will be 74 percent of GDP, “more than twice what it was at the end of 2007, and higher than any year since 1950.”
Who’s our president again?
Reminds me of this blog that was true then and unfortunately true again today. Once you get to the 60 Minutes video, please take time to watch it all and realize we haven't learned our lesson because we didn't listen.