Originally Posted by dirk digler
Last year we spent $3.5 trillion dollars, of which $2 trillion dollars was entitlement spending (Medicare, SS, and Medicaid).
We brought in $2.4 trillion dollars. So basically we had $400 billion dollars to spend on discretionary items which wouldn't cover half of the defense budget if we were to balance the budget.
Does that sound about right?
I thought the stimulus would fire up our economy to where the deficit would be reduced to half by the end of Obama's first term. Did that happen?
And tell me when Obama and the dems are going to face up to the public on the entitlements you posted about.
I expect elected officials to look down the road and take action to avoid disaster. Do you?