Entitlement Nation | FrontPage Magazine

Posted on August 18, 2010

0


As the give-away Obama Administration and Congress provide more and more entitlements, we are fast becoming an entitlement nation. In time, this can bankrupt us. Erskine Bowles, co-chairman of President Obama’s National Commission on Fiscal Responsibility and Reform, compared the unsustainability of the federal budget to a “cancer.” He said also, “This is a challenge for America.” Democrats will slightly out number Republicans on the commission, appointed in February. It is to recommend putting the budget in balance (achieving deficits of about 3 percent of GDP) by 2015.

via Entitlement Nation | FrontPage Magazine.

Advertisements
Posted in: Congress, Obama