Back on October 18th, 2009 I wrote about the documentary I.O.U.S.A. The Peter G. Peterson Foundation has produced a follow up documentary called IOUSA Solutions. As the title suggests, this sequel proposes solutions to the national debt.
The solutions involve both spending cuts AND tax increases. Some of the specific proposals include:
1. Increasing the retirement age for social security recipients
2. Means testing social security
3. Letting the Bush tax cuts expire
4. Reforming Medicare and Medicaid
And many others. The entire film is on YouTube in 5 parts. This is a must watch documentary.
