CSPAN3 Politics Public Policy Today January 12, 2015
85 of the projected growth in spending over the next decade is driven by health care and retirement entitlements and interest on the debt. So thats where reforms need to target. To balance the budget before the end of the decade, we saw in the last house budget, it takes more than 5 trillion in cuts. That is assuming you start cutting right away. If you decide to cut in future years and not address spending next year, it takes bigger cuts to get to that ballpoint. So the sooner lawmakers can start cutting, the better. Where exactly should they start . Repealing obama care has to be their First...
Source: archive.org
