The Patriot Post® · Thursday Opinion


https://patriotpost.us/articles/55318-thursday-opinion-2018-04-12

Best of Right Opinion

For more of today’s columns, visit Right Opinion.

Opinion in Brief

Veronique de Rugy: “Trillion-dollar deficits are coming back faster than originally projected. Though it’s fair to complain about the impact of the recently enacted tax cuts on our red ink, the ultimate culprits for our upcoming debt crisis are lawmakers who continually refuse to reform entitlement programs. Consider the numbers. According to the Congressional Budget Office’s newly released report titled ‘The Budget and Economic Outlook: 2018 to 2028,’ the U.S. deficit will reach $1 trillion by next year. That’s three years sooner than projected last year. This year’s deficit projection was also revised, increased to $804 billion, or about $300 billion more than projected last year. By 2028, the deficit will be north of $1.5 trillion. Ouch. … Our debt is growing, and it’s growing fast. Though it’s a shame that lawmakers passed tax cuts without cutting spending to offset short-term losses in revenue, there’s no doubt that Social Security and Medicare deficits are almost entirely to blame for our impending debt crisis. It’s time to wise up and reform these programs.”