The text of the TV ad is below:
SMALL ICEBERG LOOMS UP, GOES PAST.
Voiceover: "Everyone's focused on the obstacles now facing our
MUCH BIGGER ICEBERG LOOMS UP. IT IS HUGE.
"But there's a much larger threat: $56 trillion dollars in unfunded
retirement and health care obligations, and the over-reliance on
foreign lenders that endanger us all."
Screen Shot: $56 TRILLION
Screen Shot: $483,000 PER U.S. HOUSEHOLD
STEERING AWAY FROM ICEBERG.
Screen Shot: BIPARTISAN COMMISSION
"An action-oriented bipartisan commission would begin to steer us
in the right direction."
FINAL SHOT OF CLEAR SEAS, BLUE SKY AHEAD, ICEBERGS NOW IN
"America must chart a more responsible fiscal course, to navigate a
brighter future for our children and grandchildren."
Screen Shot: (LOGO) Peter G. Peterson Foundation www.pgpf.org
Since its launch in July 2008, the Peter G. Peterson Foundation has invested nearly $11 million in grants to raise awareness of, and seek solutions to, the fiscal challenges posed by the rising costs of health care and retirement and a near-zero household savings rate. The Foundation also distributes the critically acclaimed feature documentary "I.O.U.S.A.", which tells the story of the rapidly growing national debt and its consequences for the U.S. economy.
About the Peter G. Peterson Foundation:
Founded by the former senior chairman of The Blackstone Group with a commitment of $1 billion, the Foundation is dedicated to increasing public awareness of the nature and urgency of key economic challenges threatening America's future and to accelerating action on them. To address these challenges successfully, we work to bring Americans together to find sensible, long-term solutions that transcend age, party lines and ideological divides in order to achieve real results. For more information, see www.PGPF.org.