Lunchtime Reading

"Today's Fiscal Policy is Unsustainable," claims the newest GAO report

Simply put, our nation’s fiscal policy is on an unsustainable course. As long-term budget simulations by GAO, the Congressional Budget Office (CBO), and others show, over the long term we face a large and growing structural deficit due primarily to known demographic trends and rising health care costs. Continuing on this unsustainable fiscal path will gradually erode, if not suddenly damage, our economy, our standard of living, and ultimately our national security. Our current path also will increasingly constrain our ability to address emerging and unexpected budgetary needs.

Privatization Private accounts Personal accounts transitional costs prepaying may be trillions of dollars nothing worth talking about.

Should Bush publicly stand up for the rights of Jordanians to criticize America? Matt thinks so.