>America's net worth. In fact, if our Congress was held to the same
>accounting standards as corporations (Sarbanes-Oxley), they would be
>in jail.
I just saw Joe Scarborough talking about his book last night. He and others want to get Americans focused on the details of legislative horse-trading. He talks about cutting out many pork programs that individually cost millions of dollars each year.
Now, look at the number you quoted- $45 trillion- and explain to me how saving even a few billion a year makes any difference to our long term fiscal problems. If you look at the top line budget items in the Federal Budget, there are two line items that are going to sink us:
1. Social Security
2. Medicare
These two entitlement programs need to be radically reformed if there is to be any hope for the fiscal stability of our country. None of that other stuff that Scarborough & co. complain about really matters. If you want to take action and get involved, write your represetatives to Congress and tell them you want these programs reformed.
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