Two Naval Academy graduates, believe strongly that the increasing National Debt, that doubled over the last 8 years, is the greatest threat facing the Republic, and it threatens the future of America’s children. They are proposing the below listed initiative, they are:
John A. Knuble, USNA ’62, the former Assistant Secretary & Chief Financial Officer, Department of Housing and Urban Development
William “Bill” Owens, USNA ’62, Admiral, USN (Ret), the former Vice Chairman, Joint Chiefs of Staff
They have proposed an initiative to rein in the out of control spending by an irresponsible Congress, since the revenue stream is far exceeded by the National Debt. This is not a Republican or Democrat initiative, it is a Patriotic American initiative to move toward a balanced budget, in order to protect future generations of Americans.
If the trends that persisted over the last 8 years continue, it will impair the value of the American dollar, and the viability of the US economy. They are proposing limiting the amount of debt under Article Five of the US Constitution; 27 states are moving in the direction to consider such a proposal, the goal is to educate American citizens in 7 additional states to support a proposal to limit the amount of National Debt.
Please review the below listed analysis, proposal, and the invitation to visit their Web site; I strongly support the below listed initiative.
http://www.CombatVeteransForCongress.org
Joseph R. John, USNA ‘62
Capt., USN(Ret)/Former FBI
Chairman, Combat Veterans For Congress PAC
San Diego, CA
