Our deficit has shrunk every year under Barack Obama, but
social safety net programs aren’t driving our current deficits – Social Security is solvent through 2038 & Medicare is solvent through 2024. The debt is fueled by the lingering effects of the Bush tax cuts, Bush recession & Bush unfunded wars.
http://act.boldprogressives.or…
WARNER: Let me start with chained CPI which is a more rational way to measure inflation, deals with both the entitlement programs and Social Security, lets look at raising the cap on Social Security, let’s look at phased-in raising the age of Social Security, let’s look at means-testing Medicare, let’s look at combining the various Medicare programs into a single deductible, so everybody’s got at least a little bit of skin in the game in terms of the services they use.
