I.O.U.S.A. | |
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Theatrical release poster
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Directed by | Patrick Creadon |
Produced by |
Christine O'Malley Sarah Gibson |
Written by |
Patrick Creadon Christine O'Malley Addison Wiggin |
Starring | David Walker |
Music by | Peter Golub |
Cinematography | Patrick Creadon |
Edited by | Doug Blush |
Distributed by | Roadside Attractions |
Release date
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August 22, 2008 |
Running time
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85 min. |
Country | United States |
Language | English |
Budget | $500,000 |
Box office | $825,037 |
I.O.U.S.A. is a 2008 American documentary film directed by Patrick Creadon. The film focuses on the shape and impact of the United States national debt. The film features Robert Bixby, director of the Concord Coalition, and David Walker, the former U.S. Comptroller-General, as they travel around the United States on a tour to let communities know of the potential dangers of the national debt. The tour was carried out through the Concord Coalition, and was known as the "Fiscal Wake-Up Tour."
The film competed in the Documentary Competition at the 2008 Sundance Film Festival. It began its nationwide showing at the Holland Performing Arts Center in Omaha, Nebraska on 21 August 2008, with a live discussion among Warren Buffett, Pete Peterson, David Walker, William Niskanen, and Bill Novelli following the screening. The film was broadcast on CNN on January 10, 2009.
The film follows Bixby and Walker who describe systematically four serious deficits shaping the U.S. economy: budget, savings, the balance of payments, and leadership. As of the early 2008 release of the film they had created a national debt of over $9.6 trillion, $30,000 for each American.
The cast includes Robert Bixby, David M. Walker, Warren Buffett, Douglas Durst, Alan Greenspan, Yoni Gruskin, Kay Harms, Chrissy Hovde, Paul O'Neill, Diane Rehm, Robert Rubin, Scott Spradling, Mike Tully. It also includes several members of Congress, including Senators Kent Conrad and Judd Gregg, and Representatives Ander Crenshaw, George Miller, and Ron Paul.