Entitlement Situation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 responsible journalist knows. this so woodward wrote it. and he says the obama administration didn'...

Latest updates on this topic from reliable sources.

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 responsible journalist knows. this so woodward wrote it. and he says the obama administration didn'...

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 & poor's came out today on fox and said, look, it's both the debt situation and the political situation in washington. and so does that mean it's 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 & poor's has said very clearly it is america's deteriorating debt situation that led to this downgrade. they...