July 17, 2017

SUSTAINABILITY: Budget Deficit Revised Upward by $100 Billion.

Rick Moran:

The good news is that if the GOP can pass a health care reform bill, the deficit will be a little less, which is better than nothing.

The bad news is that we still have a Congress — and since the president proposed the budget, he’s no better — that refuses to make the hard choices to bring the budget under control.

Yes, it’s hard to reform entitlements, which are only going to add substantially to the budget deficit and national debt over the next decade as Social Security and Medicare run out of money and are forced to draw cash from general revenues.

Democrats are running around the country claiming that “all is well” with entitlements and the GOP only wants to cut them so more people will die. Their irresponsible behavior will only make it that much harder to rein in entitlements when they are already bankrupting the country.

Anything that can’t go on forever, won’t.