WASHINGTON – Tomorrow (11/10) the Employment Policies Institute (EPI) will continue its high-profile, multi-million dollar ad campaign highlighting the threat posed by unsustainable borrowing and spending. The campaign comes amidst reports that the Senate will soon be forced to raise the debt ceiling in the face of unprecedented deficit spending. The current debt is $11.9 trillion, dangerously close to the $12.1 trillion debt ceiling. That is why EPI is stationing 17 destitute Uncle Sams across Chicago on Tuesday to beg for $12 trillion from taxpayers.

The Defeat the Debt campaign includes a national television commercial, which has aired on CNN, Fox News, and CNBC. EPI also launched “stage 2” of the campaign last month by placing its 17 destitute Uncle Sams on the streets of Washington, DC and New York City to beg for $12 trillion from taxpayers. Additionally, EPI’s website DefeatTheDebt.com was developed in order to educate the public about the enormous federal debt.

A full-page ad is running in RedEye tomorrow. The ad features a downtrodden Uncle Sam holding a sign saying, “I Want YOU to Give Me $12 Trillion.” The text of the ad reads:

The United States government owes more debt than any other nation in the world: $11.9 trillion. We spend almost $500 million on interest payments every day. Much of it to foreign banks and governments. The White House predicts that by 2019 we will spend more tax dollars for interest on the debt than for our national defense.

“This campaign is all about getting people to understand the frightening reality of the massive federal debt,” said EPI Executive Director Richard Berman. “People do not realize just how much 12 trillion dollars is, and what it will take for our country to get out from under that level of debt. Americans also aren’t aware of how much money we now owe to foreign governments and just how unsustainable our current level of spending is. We have to do something to defeat the debt now, or we will live to regret it.”

Debt-Riddled Uncle Sam is available for interviews. To schedule an interview or to get a complete list of where all the Uncle Sams will be stationed, call Allyson Funk at 202.463.7650.

New Campaign Asks Metro Riders if They Could Spare $12 Trillion to Defeat the National Debt

Washington – During the month of November, the Employment Policies Institute (EPI) is continuing its high-profile multi-million dollar “Defeat the Debt” campaign by placing ads throughout the Capitol South Metro Station in Washington, DC. In addition, 50 ads will appear in other metro stations around the region. The ads ask metro riders if they can spare $12 trillion to highlight the threat posed by unsustainable borrowing and spending by the federal government.

This campaign comes amidst reports that the Senate will soon be forced to raise the debt ceiling in the face of unprecedented deficit spending. The current debt is $11.9 trillion, dangerously close to the $12.1 trillion debt ceiling.

The Defeat the Debt campaign includes a national television commercial, which has aired on CNN, Fox News, and CNBC. EPI also launched “stage 2” of the campaign last month by placing 17 destitute Uncle Sams on the streets of Washington and New York City to beg for $12 trillion from taxpayers. The Uncle Sams will appear in Chicago next week. Additionally, EPI’s website DefeatTheDebt.com was developed in order to educate the public about the enormous federal debt.

“This campaign is all about getting people to understand the frightening reality of the massive federal debt,” said EPI Executive Director Richard Berman. “People do not realize just how much 12 trillion dollars is, and what it will take for our country to get out from under that level of debt. Americans also aren’t aware of how much money we now owe to foreign governments and just how unsustainable our current level of spending is. We have to do something to defeat the debt now, or we will live to regret it.”

WASHINGTON — Today (10/28) the Employment Policies Institute (EPI) will continue its high-profile, multi-million dollar ad campaign highlighting the threat posed by unsustainable borrowing and spending. The campaign comes amidst reports that the Senate will soon be forced to raise the debt ceiling in the face of unprecedented deficit spending. The current debt is $11.9 trillion, dangerously close to the $12.1 trillion debt ceiling. That is why EPI is stationing 17 destitute Uncle Sams across New York City today to beg for $12 trillion from taxpayers.

The campaign also includes a national television commercial, which has aired on CNN, Fox News, and CNBC. EPI has also recently launched a new website, DefeatTheDebt.com, devoted to educating the public about the enormous federal debt.

Additionally, a full-page ad is running in am New York today. The ad features a downtrodden Uncle Sam holding a sign saying, “I Want YOU to Give Me $12 Trillion.” The text of the ad reads:

The United States government owes more debt than any other nation in the world: $11.9 trillion. We spend almost $500 million on interest payments every day. Much of it to foreign banks and governments. The White House predicts that by 2019 we will spend moretax dollars for interest on the debt than for our national defense.

“This campaign is all about getting people to understand the frightening reality of the massive federal debt,” said EPI Executive Director Richard Berman. “People do not realize just how much 12 trillion dollars is, and what it will take for our country to get out from under that level of debt. Americans also aren’t aware of how much money we now owe to foreign governments and just how unsustainable our current level of spending is. We have to do something to defeat the debt now, or we will live to regret it.”

Debt-Riddled Uncle Sam is available for interviews. To schedule an interview or to get a complete list of where all the Uncle Sams will be stationed, call Allyson Funk at 202.463.7650.

The Employment Policies Institute is a nonprofit research organization dedicated to studying public policy issues that affect the American economy.

WASHINGTON — Today the Employment Policies Institute (EPI) is launching “stage 2” of a high-profile, multi-million dollar ad campaign highlighting the threat posed by unsustainable borrowing and spending. The campaign comes amidst reports that the Senate will soon be forced to raise the debt ceiling in the face of unprecedented deficit spending. The current debt is $11.9 trillion, dangerously close to the $12.1 trillion debt ceiling. That is why EPI is stationing 17 destitute Uncle Sams across the city today to beg for $12 trillion from taxpayers.

The campaign also includes a national television commercial, which is currently airing on CNN, Fox News, and CNBC. The ad also ran on Meet the Press last Sunday morning. EPI also launched a new website, DefeatTheDebt.com, devoted to educating the public about the enormous federal debt.

Additionally, a full-page ad is running in the Wall Street Journal today. The ad features a downtrodden Uncle Sam holding a sign saying, “I Want YOU to Give Me $12 Trillion.” The text of the ad reads:

The United States government owes more debt than any other nation in the world: $11.9 trillion. We spend almost $500 million on interest payments every day. Much of it to foreign banks and governments. The White House predicts that by 2019 we will spend more tax dollars for interest on the debt than for our national defense.

The national television commercial begins with students standing in a classroom as if to recite the Pledge of Allegiance. Instead they say:

I pledge allegiance to America’s debt…and to the Chinese government that lends us money… And to the interest…for which we pay…compoundable…with higher taxes…and lower pay… until the day we die.

“This campaign is all about getting people to understand the frightening reality of the massive federal debt,” said EPI Executive Director Richard Berman. “People do not realize just how much 12 trillion dollars is, and what it will take for our country to get out from under that level of debt. Americans also aren’t aware of how much money we now owe to foreign governments and just how unsustainable our current level of spending is. We have to do something to defeat the debt now, or we will live to regret it.”

Debt-Riddled Uncle Sam is available for interviews. To schedule an interview or to get a complete list of where all the Uncle Sams will be stationed, call Allyson Funk at 202.463.7650.

The Employment Policies Institute is a nonprofit research organization dedicated to studying public policy issues that affect the American economy. For additional information or to schedule an interview with a spokesperson call 202.463.7650.

National Commercial Features Children Pledging Allegiance to “the Chinese Government that Lends us Money”

WASHINGTON — Today the Employment Policies Institute (EPI) launched “stage 1” of a high-profile, multi-million dollar ad campaign highlighting the threat posed by unsustainable borrowing and spending. The ad blitz comes on the heels of new projections from the Office of Management and Budget (OMB) predicting over $9 trillion in deficit spending.

The campaign includes a new national television commercial, which is currently airing on Fox News, CNN, MSNBC, and CNBC. Additionally, full-page ads are running in The New York Times, USA Today, The Washington Times, The Washington Examiner, The San Francisco Chronicle, and The Las Vegas Review-Journal. The group also launched a new website, www.DefeatTheDebt.com, devoted to educating the public about the enormous federal deficit.

The newspaper advertisements will feature three different ad concepts. While two of the ad concepts will focus on putting a trillion dollars into perspective, the third concept asks “Who is John Galt?” The ad goes on to offer the following points:

• In New York City, 1% of taxpayers pay almost 50% of the city’s income taxes.
• In California, the top 1% pay nearly 47% of the state’s income taxes.
• The top 1% of American earners pay 40% of all federal income taxes.

The national television commercial begins with students standing in a classroom as if to recite the pledge of allegiance. Instead they say:

I pledge allegiance to America’s debt…and to the Chinese government that lends us money… And to the interest…for which we pay…compoundable…with higher taxes…and lower pay…until the day we die.

“This campaign is all about getting people to understand the frightening reality of the massive federal deficit,” said EPI Executive Director Richard Berman. “People do not realize just how much nine trillion dollars is and what it will take for our country to get out from under that level of debt. Americans also don’t realize how much money we now owe to foreign governments and just how unsustainable our current level of spending is. We have to do something to defeat the debt NOW, or we will live to regret it.”

The Employment Policies Institute is a nonprofit research organization dedicated to studying public policy issues that affect the American economy. For additional information or to schedule an interview with a spokesperson call 202.463.7650.