xml:space="preserve">
xml:space="preserve">
Advertisement
Advertisement

A Republican tells the rare fiscal truth

Many Republicans are implicitly or explicitly peddling the fantasy that gaping federal budget deficits can be fixed without substantially cutting Medicare and Social Security, especially Medicare. Refreshing to hear Chris Christie tell the bad but true news. Now if only he could acknowledge the other fiscal certainty, that fixing the deficit without eviscerating the Medicare entitlement Americans love so much will also eventually involve tax increases...

(UPDATE: For the Democratic fairy tale -- that we can leave Medicare and Social Security untouched if only we get out of Afghanistan and tax the rich, see comments. Fiscal sanity does of course include drastically cutting the Pentagon's budget, but that won't come close to footing the entitlement bill.)

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement