Over the next 10 years we will be spending approximately $17 Trillion more than we take in at the Federal level. They talk of “bold initiatives” by promising to cut 25% of that amount. That still would be nearly a Trillion dollar deficit every year for ten years. I don’t like $15 Trillion as a debt number, how does $25 Trillion sound, and right on time for the baby boomers to all be needing SS, Medicare, Medicaid, and some other sort of help paying for nursing homes, and end of life care. Even those called bold, like Ryan, are way way short of the goal.
“Even those called bold, like Ryan, are way way short of the goal.”
Yea, he is short, way short. But he’s trying to come up with something that will not be DOA. We are boxed in, you cannot even get a majority of people over 50 years old, ON THIS SITE, willing to allow Social Security to be touched...so you can just imagine how the rest of the country feels.