CRISES OF THE PRESIDENT'S OWN MAKING

CRISES OF THE PRESIDENT'S OWN MAKING

The President undoubtedly knows that if he offers a budget to Congress that includes cuts sufficient to eliminate the national debt over the next decade, he would necessarily become the villain of his own party (having to bleed many a pet agency and program). No leading Democrat wants to reduce government spending by more than a few hundred billion dollars per year, when the nation needs in excess of a trillion dollars in cuts just to eliminate the annual deficits (without doing a thing to reduce the existing $16.4 trillion debt). No leading Democrat is willing to take any action that alters the reality that spending overall is, and on entitlements in particular are, unsustainable, bringing the nation and the economy down with each passing day.

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