Quote of the Day
Kevin Drum on the Simpson-Bowles deficit reduction representations:
To put this more succinctly: any serious long-term deficit plan will spend about 1% of its time on the discretionary budget, 1% on Social Security, and 98% on healthcare. Any proposal that doesn't maintain approximately that ratio shouldn't be considered serious. The Simpson-Bowles plan, conversely, goes into loving detail about cuts to the discretionary budget and Social Security but turns suddenly vague and cramped when it gets to Medicare. That's not serious.
[I sent this from my iPhone, so please excuse any excessive brevity or typographical errors.]
--Zachary Drake
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