This year, the national economy will face enormous challenges. Even as the economy is reportedly on the rise, America has a growing federal debt that economists suggest could reach 95 percent of the country’s GDP by 2020, reports the MacArthur Foundation.
Earlier this week, national leaders met in D.C. to discuss the country’s current fiscal situation. Now, foundations are working with the nonprofit AmericaSpeaks to ensure the public has a voice in policy debates.
AmericaSpeaks is an organization committed to engaging citizens in governance. Through partnerships with the Peter G. Peterson Foundation, the John D. and Catherine T. MacArthur Foundation and the W.K. Kellogg Foundation, the charity will host a national town meeting – Our Budget, Our Economy.
Thousands of citizens across the country will have the chance to participate in this discussion. Leaders in 20 U.S. cities will be equipped with video, webcast and interactive technologies to connect attendees around the nation. Thousands more will have the chance to watch live coverage from their homes and participate in the discussion via online forums.
The three sponsoring foundations are contributing $4.2 million to this national conversation aimed at informing the public about the country’s fiscal realities. The foundation leaders agree that it is Americans’ collective responsibility to find compromises to ensure families in need get resources now and opportunities for future national success are created.
"Bringing together thousands of diverse Americans from across the country simultaneously to discuss the nation’s fiscal challenges holds the promise of spurring an even broader national dialogue to help build the urgency and political will necessary to tackle our deficit and debt," MacArthur President Robert Gallucci said.
The National Town Meeting will take place on June 26.