The Deficit Is Worse Than We Think

Dispatches recommended by Lawrence B. Linsey:

Only serious long-term spending reduction in the entitlement area can begin to address the nation’s deficit and debt problems. It should no longer be credible for our elected officials to hide the need for entitlement reforms behind rosy economic and budgetary assumptions.

“It should no longer be credible…” – exactly.

Read the entire op ed.