Obama calls for budget compromise - CNN.com
Everyone is faulting the President for not taking on the entitlements for budget cuts. Let's not forget, anything changing the entitlements will have to be passed by Congress and any tripe accusing the President of skirting his duty is just political posturing. There will have to be some adjustments but Social Security is not the problem. It is Medicare and that is what the health care bill is designed to moderate, not fix.
Any talk of balancing the budget that does not include a tax increase of some kind is just off the mark. Likely, it can't be done. Let's get real. This is the lowest portion of income Americans have paid in 60 years as taxes.
There is no upside for the President to get out front on entitlement reform and take the arrows. It is going to take a concerted effort by all parties who will have to bear the heat.
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