Frequently Asked Questions
The Comeback America Initiative greatly appreciates the feedback recieved from the thousands of people who have taken the Fiscal IQ Quiz. The following seeks to clarify some of the most frequent comments and questions we have recieved:
Is the Fiscal IQ Quiz based on fact or opinion?
Several people who completed the quiz noted that some of the questions seemed to be based on opinion rather than fact. As noted in the preamble to the quiz, there are two types of questions – ones based solely on facts, and others which ask for a response to a statement that is grounded in facts, but based on a consensus view of a number of objective budget experts (The objective federal budget experts include members the Comeback America Initiative’s Advisory Council, as well as the results of various bipartisan deficit reduction commissions, including the Bowles-Simpson Commission, and the Bipartisan Policy Council (Domenici/Rivlin) Commission). Specifically, 20 questions are solely fact-based and used as the basis for the Fiscal Knowledge score, and 10 are of the second type and are used as the basis for the Fiscal Wisdom score. The explanations for the questions, which can be found at the end of the quiz, includes references to the various non-partisan sources of information from which all the facts are derived, including but not limited to the non-partisan Congressional Budget Office, the International Monetary Fund, the Social Security and Medicare Board of Trustees, and the Joint Committee on Taxation.
In the interest of full and fair disclosure, the following summarizes which questions are used to derive the Fiscal Knowledge score and which are used to derive the Fiscal Wisdom score:
Fiscal Knowledge – Question numbers – 2, 3, 4, 5, 6, 8, 9, 11, 12, 13, 15, 16, 17, 18, 20, 21, 22, 24, 26, 27.
Fiscal Wisdom – Question numbers – 1, 7, 10, 14, 19, 23, 25, 28, 29, 30
Does the Comeback America Initiative and the Fiscal IQ Quiz support a partisan ideology?
CAI and the Fiscal IQ Quiz are non-partisan. Furthermore Dave Walker, the Founder, President and CEO of the CAI is a political independent. CAI’s mission is to promote fiscal responsibility and sustainability by engaging the public and assisting key policymakers on a non-partisan basis in order to achieve solutions to America’s fiscal imbalances. All CAI’s activities are non-partisan in nature, and are designed with the intent to make government more future focused, results oriented, successful, efficient, equitable and sustainable. This includes promoting steps designed to transform government to increase transparency and accountability in connection with key areas of ineffectiveness, inequity and fiscal irresponsibility. As noted in the previous question, the Fiscal IQ quiz is not partisan – all questions are either purely fact based, or based on the opinions of objective federal budget experts but are grounded in non-partisan facts.
What can I do to help and get involved with the Comeback America Initiative?
There are several things you can do to help and get more involved. To find out how you can help, please visit What Can You Do. One of the easiest ways you can help is to encourage others to become knowledgeable about the facts by spreading the word about the Fiscal IQ Quiz. You can do so using the sharing tools at the top of this page, and by Liking us on Facebook at the bottom of the page.
How is the Comeback America Initiative funded?
CAI receives grants and funds from a variety of sources to fund its operations. CAI has received a three-year grant from the Peter G. Peterson Foundation which funds most of its operations. CAI is not a grant making entity. For more information, visit About CAI at the Comeback America Initiative.