That entitlements can is getting heavier, and we’re running out of road
So another congressional session is half over and, we’re told, is likely to go by without a mention of the moose on the American table, our preposterously out-of-control federal debt. It’s not as though the stakes are high: just our standard of living, national security, all the discretionary activities of government, and literally our future as an autonomous, self-governing people. Every honest observer knows what will cause the coming crunch, so aptly termed by Erskine Bowles as “the most predictable crisis in history”: the runaway autopilot programs we call “entitlements.” Without changes there, no combination of other measures can come close to preventing the reckoning.
Originally published: June 6, 2018
Author: Mitch Daniels
Institution: Purdue University
Published by: The Washington Post