Simpson: Entitlements on autopilot = economy crush

posted by
February 7, 2011
Fox News    
Posted in News, PND News

"President Obama's calls for a five-year freeze on discretionary spending, as well as Republican demands to turn back the budget clock to 2008 spending, will save 'peanuts' and do nothing to turn around the country's 'sacrosanct' entitlement culture, one head of the president's deficit commission said Sunday. Former Republican Sen. Alan Simpson, who was appointed by Obama along with former Bill Clinton chief of staff Erskine Bowles to lead the president's panel for reducing the nation's debt, said leaving Social Security, Medicare and Medicaid on auto pilot will crush the U.S. economy." (02/07/11)

http://tinyurl.com/4tzxs9g  

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