Another crisis ahead in Congress?

  • Article by: Editorial , Chicago Tribune
  • Updated: October 18, 2013 - 7:42 PM

There are several reasons to hope for better results in the months ahead.

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pumiceOct. 18, 1311:31 PM

And you were doing so well, Chicago Tribune editors. Until your concluding sentence, that is.... "The sequester has effectively imposed consequences for the failure of Congress to deal with the entitlement spending growth that has driven federal debt past $16.7 trillion." I submit that entitlement spending had little to do with the deficit spending which trebled the national debt in the 1980s and doubled that runaway deficit spending in the 2000s. I submit that the main driver of the growth in the federal debt lies largely in an action about which Republicans, for the most part, are very bullish--tax cuts which disproportionately favor high income-earners/wealth-holders; tax cuts which continued to be implemented during the Long War when the form of discretionary spending about which Republicans are, for the most part, not at all squeamish.

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vlombardyOct. 19, 13 7:39 AM

Excellent comment, pumice. Ryan voted against the compromise, and remains solidly in the pockets of the Kochs, and other plutocrats. Our nation is doomed unless a government for ALL the people-not just 1%-returns to action.

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markerminnOct. 21, 1312:38 PM

pumice, you would do well to take a look at the facts of demographics and entitlement spending growth. We have to get control of entitlement spending or our kids (anyone under 40) will be saddled with paying higher and higher taxes to support an elderly entitled class that did not save enough to support themselves in, effectively, early retirement. Side note: when SS was instituted the average life expectancy was about 68. It is now about 78. It costs a lot more to provide retirement income for 13 years than it does for 3. The system was designed for a different time and it must/will change. Bottom line, everyone has to work a little harder/longer or live a little less large. Not enough to go around to support the current system.

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