Rescuing the United States from fiscal crisis

The US owes $14.4 trillion or $129,000 per taxpayer in debt, and every year into the future will add another $1.3 trillion in debt from budget deficits. The very viability of the nation is not only at risk, but other economies around the world are in jeopardy.In his only public speaking engagement in Canberra, Professor Steve Redburn, one of the leading experts in the US on the fiscal crisis, asks, What options can the US pursue to return itself to fiscal solvency? How much “pain” is expected versus the “gain” realized from various options? and, what are the politics of the current standoff in the US in Congress and Obama Administration in resolving the issues?