June 27, 2017

Minnesotans in Congress Battle Obama Over Budget

April 10, 2013
Minnesota Start Tribune


“It’s very misleading to say the program is not contributing to the debt, because it is,” said Robert Bixby, executive director of the Concord Coalition, a Washington group dedicated to balancing the federal budget. “The Treasury has to come up with the money to make good on the bonds, which is a draw on general revenues.” . . .

“If you want to set up a boogeyman against your [political] opponent, it’s very tempting to talk about how somebody’s going to take away Social Security or slash Medicare,” Bixby said. “ ‘Throw grandma in the street.’ It’s preying on the fears of the elderly, rather than solving a problem.”