What’s your Fiscal IQ?

By Joe Sheeran, Communications Director, December 26, 2011 at 2:00 pm

With our daily grind, it’s tough to sit down, consume multiple news sources, and sort distortions from reality in the debate over Minnesota and the nation’s long-term debt issues.

This lack of knowledge compromises our confidence in policymakers’ choices. What sounds reasonable in a 15 second sound bite, like “no-new-taxes,” is actually poor long-term policy, as Minnesota’s continual budget deficits show.

Take a few minutes to test your knowledge of federal fiscal policy at FiscalIQ.net.

The Comeback America Initiative, which advocates a nonpartisan fiscal solution to annual deficits and debt, designed the quiz as a first step to informing the public about the country’s long-term fiscal needs.

The former Comptroller General of the United States and head of the U.S. Government Accountability Office (1998-2008), Dave Walker, founded the organization.

Minnesota 2020 does not endorse all of these policy proposals—many are out of the conservatives’ playbook. However, Comeback America’s long-term fiscal framework does contain many key progressive values, especially in the areas of health care, social security, reduced defense spending, and revenue. It calls for compromise.

Sadly, conservatives have been unwilling to make most of the modest concessions this plan calls on them to make.

Take the quiz, and tell us how you did.

Posted in Fiscal Policy | Related Topics: Public Policy  Revenue Sources