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MARTYMOOSE

I find your lack of faith disturbing.
Articles Posted: 0  Links Seeded: 20
Member Since: 7/2010  Last Seen: 5/15/2012

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National debt inspires a patriotic corps of individual donors - latimes.com

Seeded on Sun Nov 27, 2011 5:18 PM EST
Read ArticleArticle Source: The L.A. Times
taxes, budget, politics, san-antonio, los-angeles, national-debt
Seeded by MartyMoose
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Atanacio Garcia isn't waiting for Washington to reduce the national debt.

The 84-year-old retired postal worker from San Antonio, a man of simple means and a simple credo, donates $50 a month from his pension, plus whatever he makes from collecting aluminum cans in his neighborhood, to reduce Uncle Sam's IOU.

I'm a believer in our country," said Garcia, an Army veteran who has promised that he will contribute "until the debt is paid off or until I die."

Garcia, a father of five who has lived in the same two-bedroom home for decades, is among hundreds of public-spirited Americans who have sent money, from pocket change to million-dollar checks, to the federal Bureau of Public Debt at P.O. Box 2188 in Parkersburg, W.Va.

Since President Kennedy signed legislation 50 years ago setting up the little-known program that accepts donations to pay down the debt, about $83 million has been collected, including $2,440.80 from Garcia.

While Congress generates widespread public disgust with its hyper-partisan fights over reducing the national debt — which this month surpassed $15 trillion —this tiny corps of debt-busters has quietly found a way to take a micro-stab at the problem, motivated by a sense of patriotism, not politics.

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MartyMoose

"God willing," Garcia pledged, "I will continue to do as much as I can for the country."

So one wonders what's holding back Warren Buffet and all the other billionaires "begging" Congress to raise their taxes.

    Reply#1 - Sun Nov 27, 2011 5:20 PM EST
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