Sunday, November 21, 2010

But, what about Social Security and Medicare?

Will Republicans Get Serious on Spending?

Senator McConnell, in a speech before the Federalist Society, said,
"Americans want less government, less spending and less debt."
"We will vote to freeze and cut discretionary spending."

Author Chapman noted that McConnell made no mention of the non-discretionary spending items: social security, medicare, medicaid and defense.

Okay, but those non-discretionary items can't be reformed with simple cuts or freezes. The first three must be totally restructured. And, defense must be put "on budget."

The problem with social security and medicare, at least, is Congress spent all the payroll deductions on general budget items rather than build up a capital reserve to fund the program in the future. This must be changed.

Exactly how this is to be done and to explain it is beyond the scope of a speech. But, it certainly is not beyond the scope of We the People nudging our Congressmen to work on the problem.

9 comments:

Trestin said...

Your right we need to completely overhaul both these programs. Let's see if the New house has the spine.

WomanHonorThyself said...

Obama will continue stealing..just call in tax! Blessed holidays my friend..((hugsss))~!

hbl said...

The Progressive cabal, of which Obama is chief, are truly paving the road to serfdom.

WomanHonorThyself said...

HOPE ya had a fabulous holiday weekend..I'm still full..lol:)

hbl said...

Thanks. I know the feeling...

Debbie said...

I've been away from the news and TV all day, so I don't know what all happened. I'm listening to Rush's podcast now and trying to catch up on the internet. All I can say is, the Republicans better repeal ALL of Obamacare or they will have Hell to pay from voters and the TEA party.

Debbie
Right Truth
http://www.righttruth.typepad.com

hbl said...

You've got that right, Debbie. Now, let's see if the Congress does.

JJ said...

How is Obama these days?

hbl said...

Not well. But, he won't realize it until after the 2012 elections.