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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: FJB who wrote (54630)10/7/2013 1:45:25 AM
From: i-node2 Recommendations

Recommended By
Paul Smith
TimF

  Respond to of 85487
 
It is hard for me to understand how the same people who constantly refer to CBO as a source for their positive outlooks on various legislation, like Obamacare, so easily discount CBO's comments when they're negative. I'd like to say it is ignorance but has much more the look and feel of hypocrisy.

Elmendorf appeared before Congress a couple weeks ago and stated in no uncertain terms that our budget is "unsustainable", and went on to explain why. He listed four items.

Medicare/Medicaid
Social Security
Obamacare Subsidies
Interest on the debt.

And he went on to explain why these items, and not others in the budget, are the problem. Yet, none of these fools were listening, apparently.