Response To I.O.U.S.A.
For years, Americans have been told revenue-slashing tax cuts are the answer to our financial woes and a borrow-and-spend economy is not a problem. Now, when faced with the ensuing budget deficits and an economic meltdown we’re being told we can’t afford Social Security and Medicare. This is not “speaking the truth” as David Walker has claimed. Instead, we are seeing the same old anti-Social Security and anti-Medicare ideology now masquerading as fiscal responsibility. We must talk about tax reform, spending and responsible healthcare reform if we’re serious about controlling our fiscal future. Unfortunately, that balance is still missing in this debate."
Barbara B. Kennelly, President/CEO, National Committee to Preserve Social Security and Medicare
Labels: Financing Social Security