Nobody is under any illusions of these cuts occurring this year. We are on the same page, we need to start implementing incremental spending cuts now in order to maintain any future fiscal viability. We could raise retirement to 65 this year and that would be a huge step in the right direction!
But all entitlement and defense spending needs to be incrementally cut this year and in subsequent years as the longer it is put off the more painful it will be.
Good to see we agree on something. After all the tit-suckers are weaned off, come back and then we'll talk about SS reductions.