Yes, you read it right.
Click on the title and read the whole thing.
BY THE WAY, at this point, isn't it incumbent upon me to ask,
HOW THE FUCK DID LOIS LERNER ACCIDENTALLY RECEIVE AN EMAIL INTENDED FOR CHUCK GRASSLEY?
UPDATE - On December 3, 2012 (the day before Lerner fired off that email), Grassley gave a speech attacking Obama's budget, which included these words:
Mr. President, this chart from the Congressional Budget Office details non-interest spending as a percentage of GDP. We already know the significant role health care spending plays in our budget. Over the next decade, the federal government will spend over $7 trillion on Medicare and $4.5 trillion on Medicaid.
Together these two programs account for one quarter of the entire federal government’s spending throughout the next ten years.
But look closely at the even longer term projections of our spending. According to the Congressional Budget Office, the middle graph--- Social Security, as a percentage of GDP, will remain relatively stable over the next 25 years.
Non-interest spending, the bottom graph, as a percentage of GDP will also remain relatively stable over the same period.
Now, look at the top graph. Over the next 25 years, spending on health care entitlements will basically double as a percentage of GDP. Mr. President, unless we take a serious look at health care spending, we aren’t genuinely acting to reduce our country’s debt.
Twenty-five years is not a lot of time. We need to be talking about health care spending now. Not sometime next year. Not just once we’ve discussed taxes. Mr. President, to me, the terms are irrelevant and the conclusion is undeniable. We must gain control of health care spending.
As we move forward in debt talks, I know a lot of attention will be devoted to taxes and revenue.
Those conversations are important and should conclude with tax policy that fosters economic growth. But conversations about the health care entitlements should not be postponed or relegated to second tier status. And they certainly should not be confined to cost-reduction exercises that ignore the fundamental cost drivers.
2 comments:
If this was discovered peripherally, just imagine what might have been destroyed
Hopefully some whistleblowers will come forward.
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