Sunday, July 24, 2011

Budget Deficit Deal

I predict our elected officials will reach a deal on the Budget Deficit. It will include some big program cuts and tax increases.


It will not end America as we know it.  Medicare will cover a little less and require higher copayments. The Cost of Living index for Social Security and other Federal pensions will be reduced a little. We will cut back military expenses and welfare. And we will increase taxes.


None of these things are desirable but we have to do it if we want to keep our country solvent. Although you could never tell this from the hand wringing and crying of both the left and right.


Cartoon Source:  http://agoodchoice.blogspot.com/2011/01/how-about-taxing-government-wheres.html

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