Philadelphia dishes on debt vs. stimulus

Saturday deficit hawks talk about how to cut the national debt

The city of Philadelphia is hosting a town hall meeting on the federal budget this weekend. It’s one of 19 sites across the nation taking part.

The meeting is entitled America Speaks: Our Budget, Our Economy. Congressman Chaka Fattah is supporting the event that will be held Saturday at First District Plaza in West Philadelphia. He says the financial health of the country can’t be left to chance.

“What we know took place were tax cuts that weren’t paid for, a war that wasn’t paid for added significantly to the debt. What we have to think about as we go forward is how we balance a budget how we deal with the long-term economic challenges facing the country and that we don’t balance this budget on the backs of the people who can least afford it.”

The discussion will also cover current deficit spending such as the stimulus. The event is free but there will be limited seating. You can go to USABudgetDiscussion.org to pre-register.