Now that the nation's debt ceiling has been raised and the United States' credit rating has been downgraded for the first time in history, it's time to recognize that our political process is broken and that much more needs to be done to restore fiscal sanity. Washington waited until less than 12 hours before a technical default before agreeing on a deficit reduction target of $2.4 trillion that was far short of the rating agency Standard & Poor's $4 trillion goal. In addition, the agreement did nothing to meaningfully reform Medicare, Medicaid, Social Security and our outdated tax system. … Back to Article
Topic Alerts
You can get weekly email alerts on the topics below. Just click “Follow.”
Manage AlertsProcessing
Please wait...
Tell Us WhatYou Think
Please leave your comment below.
You must be signed in to comment.
Sign In | Register