October 23, 2014

Mock Congress to hammer out U.S. budget problems

February 22, 2012
ConnectAmarillo.com

Excerpt

 

According to Thornberry, "The toughest challenge ahead will be entitlements, because that's where 2/3 of the money goes, and we will not have social security and Medicare in the future unless we start to change it for the younger workers."

And those sentiments were echoed by the coalition representative, Phil Smith.

"In fact, you could cut out the rest of the budget and if you don't reform entitlements, eventually, it's like a cancer and it will eat up all the budget if we don't address them in the next few years. Basically, the federal government is just going to be a benefits agency with an army."