Tagged: Debt

Some prominent North Carolinians are joining a national campaign to "Fix the Debt". North Carolina's "Fix the Debt" campaign hopes to set a bipartisan example with former Republican governor Jim Holshouser and former Democratic governor Jim Hunt standing side-by-side.

Jim Hunt: "Everyone in Washington worthy of representing the American people must be willing to compromise."

President Obama brought his message of affordable education for all to the Tar Heel State as part of a day-long college tour.

Gurnal Scott: University of North Carolina juniors Maria Rodriguez, Emalyn Penn and Mariella Albarado sat together at UNC's Carmichael Arena hoping for specific words to come from the President.

Maria Rodriguez: I want to hear him say that there are going to be cheap student loans. That's exactly what I want to hear him say.

Fiscal policy experts and money managers came together today at UNC-Chapel Hill to debate the country’s impending debt crisis. 

U.S. Senator Kay Hagan told the crowd – it’s time for shared sacrifices as the country gets close to hitting its 14-point-3 trillion dollar debt ceiling.

Kay Hagan:  "And I think that’s where the public is going to have to get involved and say, you know, Washington, it’s time to put those partisanship battles aside, this is serious stuff."

North Carolina's U.S. senators say they're on board with a new proposal to decrease the national debt. A bipartisan proposal released Tuesday from a group of six senators would attempt to cut the deficit by $4 trillion over the next decade. The plan from the so-called "Gang of Six" cuts spending from the defense budget, Medicare and Medicaid. It also increases some tax revenues. Democratic Senator Kay Hagan says she supports the proposal.