Entitlement Situation News Today

Woodward is correct. this is crazy. no responsible administration would embrace a federal debt that could reach $20 trillion by 2016. we elect presidents to be responsible, efficient, and beholden to all people. what barack obama is doing is err responsible. is he spending the country in bankruptcy. no reason on earth why mr. obama cannot begin to cut the budget. yet he resists. he wants to raise taxes but refuses to reform the out-of-control entitlement situation. bob woodward knows this. every...

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Woodward is correct. this is crazy. no responsible administration would embrace a federal debt that could reach $20 trillion by 2016. we elect presidents to be responsible, efficient, and beholden to all people. what barack obama is doing is err responsible. is he spending the country in bankruptcy. no reason on earth why mr. obama cannot begin to cut the budget. yet he resists. he wants to raise taxes but refuses to reform the out-of-control entitlement situation. bob woodward knows this. every...

You see what i mean? is. megyn: yeah. but did they speak specifically to entitlements, or was it the overall financial picture? one of the guys who runs standard & poors came out today on fox and said, look, its both the debt situation and the political situation in washington. and so does that mean its the entitlement -- the lack of willingness to tackle entitlements, or is it the lack of willingness to keep taxes low? >> reporter: it is primarily the entitlement situation. standard & poors has...