Concord Coalition Unveils Portable Debt Clock

Press Release
Tuesday, December 13, 2005

WASHINGTON, DC – With the National Debt now exceeding $8 trillion and Congress debating proposals to add to that total, the Concord Coalition will unveil tomorrow our new business card sized debt clock. Easy to display or to wear, it approximates the debt's real time growth at $10,500 a second, and is reminiscent of Concord's trailer-sized debt clock. The badges will be available during and after the press conference.

When: Wednesday, December 14th 3:30 p.m.

Where: 1539 Longworth House Office Building Washington, DC 20515

Who: The Honorable Charlie Stenholm, Board Member, Concord Coalition Bob Bixby, Executive Director, Concord Coalition Harry Zeeve, National Field Director, Concord Coalition Reverend Charles Hocking, Concord Coalition Volunteer Congressman John Tanner of Tennessee Congressman Jeff Flake of Arizona

“This is a powerful reminder of the burden we are placing on future generations,” said Concord Coalition National Field Director Harry Zeeve. “Seeing the debt mount second by second is an opportunity to educate the public about fiscal policy,” he said.

The Concord Coalition was founded in 1992 by former Senator Warren Rudman (R-NH), the late Paul Tsongas, former Democratic Senator from Massachusetts, and former Secretary of Commerce Peter G. Peterson. Former Senator Robert Kerrey (D-NE) joined Rudman as co-chair of the organization in 2002. The Concord Coalition is a nonpartisan, grass roots organization dedicated to balanced federal budgets and generationally responsible fiscal policy. The organization does not endorse, support, or oppose candidates for public office of political parties.



CONTACT: Tristan Cohen (703) 894-6222 c[email protected]