Tuesday, May 10, 2011

Bring Debt Under Control: This Is A Good Plan

'The Heritage Foundation has developed a formula that could balance the budget in 10 years, reduce the debt to 30 percent of gross domestic product within 25 years, cut the size of the federal government in half by 2036, reform the tax code and restructure Social Security, Medicare and Medicaid, while protecting the most vulnerable and not increasing taxes.

Higher income people would be required to tighten their belts a bit but, in the long run, it's going to be worth it for my children and grandchildren. Those against it are the entitlement folks who will complain about less catsup on a MacDonalds hamburger.

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