The American Institute of CPAs is helping to promote a movie on the financial challenges facing the U.S. today.
The movie, I.O.U.S.A., follows former U.S. Comptroller General David Walker (pictured) on a two-year Fiscal Wake-up Tour in which he visited a series of cities across the U.S. to alert audiences to problems with growing budget deficits and threats to Social Security. The concept is reminiscent of Al Gore's Oscar-winning documentary, An Inconvenient Truth, but deals with the economy as opposed to global warming.
"Our nation suffers from a fiscal cancer that threatens the future economic well-being of our country, children and grandchildren," said Walker. "This isn't just a financial issue - it's a moral issue. It is immoral to keep kicking this can down the road for younger generations to grapple with. It's time for real action rather than more rhetoric."
The movie is scheduled to play in at least 10 cities across the country. Walker, who is now president and CEO of the Peter G. Peterson Foundation, will be appearing at the movie debut in Omaha, Neb., on August 21, on a panel with Peterson, who is senior chairman of the Blackstone Group.
Also on the panel will be Berkshire Hathaway CEO Warren Buffett and Cato Institute chairman William Niskanen.
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Click the image below to view the trailer:
