Folks, Everyone needs to read this article. It is not long, so take 5 minutes and read it. They are telling us what will be happening, and even state that if nothing is done, "it" will happen in no longer that two years. I will pull out a few points from the article that I found especially interesting/telling.
[B]Republican Alan Simpson and Democrat Erskine Bowles have a bipartisan plan to reduce the country's deficit, and your particular sacred cow is probably on their list.
[I]...the only way to get the country's finances on a sustainable path is a combination of cutting costs, increasing taxes and encouraging economic growth
[B]Republican Alan Simpson and Democrat Erskine Bowles have a bipartisan plan to reduce the country's deficit, and your particular sacred cow is probably on their list.
[I]...the only way to get the country's finances on a sustainable path is a combination of cutting costs, increasing taxes and encouraging economic growth
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