By Robert Romano
On January 25th, Senate Minority Leader Mitch McConnell declined to criticize Barack Obama for avoiding entitlement reform in his State of the Union Address. “I’m not surprised he’s not going to say what he’s going to do on entitlements. I wouldn’t either,” he told Politico’s Mike Allen.
“If we’re going to do anything serious on entitlements we’re not going to negotiate it in public,” McConnell said. That’s too bad. If there was a time that a serious dialogue was needed with the American people on the spending epidemic we face, with a $14 trillion national debt, this was it.
But alas, Obama did not propose reining in the nation’s unsustainable entitlement obligations. Net spending will increase every year on end under his proposals, until one day the public treasury will no longer be able to sustain it. He merely proposed a spending freeze to so-called discretionary spending. Of course, all spending by a government is optional. Or is it?
Get full story here.
No comments:
Post a Comment