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_NovEMon01447679038NovMonPMKSTEthKSTR0122 投稿者: Pedro [ 96hit ]
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</a> What we're left with is a fiscal trajectory that will see interest costs more than double and mandatory spending reach over 60 percent as a share of the federal budget by 2023. The former bears particular concern. Irrespective of any future deficit concerns, the nation's debt load has grown such that the costs of servicing existing obligations are sure to crowd out other federal priorities. Meanwhile, Social Security and Medicare are cash drains on the federal Treasury, while promising indiscriminate benefit cuts when the trust funds run out. These are the most pernicious elements of the nation's fiscal outlook and none of the recent "good news" addresses them.
</a> What we're left with is a fiscal trajectory that will see interest costs more than double and mandatory spending reach over 60 percent as a share of the federal budget by 2023. The former bears particular concern. Irrespective of any future deficit concerns, the nation's debt load has grown such that the costs of servicing existing obligations are sure to crowd out other federal priorities. Meanwhile, Social Security and Medicare are cash drains on the federal Treasury, while promising indiscriminate benefit cuts when the trust funds run out. These are the most pernicious elements of the nation's fiscal outlook and none of the recent "good news" addresses them.
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