posted by leo
on Tue, 02/15/2011 - 22:59
Kevin Drum explains:
Our budget deficit has skyrocketed over the past three years because of an unprecedented economic crisis. It will shrink as the economy starts to grow again, and it can be brought down to a nearly reasonable level merely by letting the Bush tax cuts expire. The rest will require changes to Medicare, since that's the source of nearly all our long-term problems.
Issue:
