Throughout his presidency, President Obama has advanced the idea that the nation’s mounting debt problem could be solved by “modest adjustments” to entitlement programs and asking wealthy taxpayers to pay just a little bit more.
But in Senate testimony, Congressional Budget Office director Doug Elmendorf said it wasn’t quite that easy.
Elmendorf said it’s very difficult, if you look at our projections, to see how one could put the budget ultimately on a sustainable path without making significant changes in Medicare and Social Security or in taxes paid by a broad cross-section of Americans.
And now we are going to let in ten million or so undereducated illegals with no job skills who will receive free health care, food stamps and other entitlements.
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