The clock, which is mounted on a 25-foot trailer, displays the dramatic second-by-second growth of the national debt as well as each family's share of the debt, which equals approximately $83,000 for a family of four or $21,000 per person.
“Concord's National Debt Clock allows citizens to see first-hand exactly how fast the national debt is growing, despite the claims of some politicians that we have a budget surplus. The fact that our national debt is growing at over $3,500 per second goes to show that we really can't afford a $792 billion tax cut or permanent spending increases. We have a moral responsibility to future generations to use any surplus above and beyond Social Security to pay down the mounting national debt and tackle real reform of Social Security and Medicare,” said Concord Field Director Harry Zeeve.
The Concord Coalition was founded in 1992 by the late former Senator Paul Tsongas (D-Mass.) and former Senator Warren Rudman (R-N.H.). Former Senator Sam Nunn (D-Ga.) joined Rudman as co-chair of the organization in 1997. The Concord Coalition is a nonpartisan, grass roots organization dedicated to balanced federal budgets and generationally responsible fiscal policy.
Tentative Itinerary (times & locations, TBD)
|Sunday, August 22||Atlanta, Ga.|
|Monday, August 23||Montgomery, Ala.|
|Tuesday, August 24||Gulfport, Miss.||w/Rep. Gene Taylor|
|Wednesday, August 25||Jackson, Miss.||w/Rep. Ronnie Shows|
|Saturday, August 28||Austin, Texas||w/Rep. Lloyd Doggett|
|Monday, August 30||Brownwood, Texas||w/Rep. Charlie Stenholm|
|Tuesday, August 31||Dallas, Texas|
|Thursday, September 2||Jackson, Tenn.||w/Rep. John Tanner|
|Memphis, Tenn.||w/Rep. John Tanner|
|Friday, September 3||Lafayette, La.||w/Rep. Chris John|