SocraticGadfly: WHAT 'debt problem'? There isn't one in the mid-term future

June 25, 2011

WHAT 'debt problem'? There isn't one in the mid-term future

Type your summary here Type rest of the post here

All we have to do, per the top graphic, is let the Bush Obama tax cuts expire.

Hat tip Talking Points Memo, except for it continuing to call the Obama tax cuts the Bush tax cuts.

Well, we eliminate the mid-term future deficit if we let the Obama tax cuts expire AND actually enforce cuts in Medicare reimbursement to doctors that Congress passed 15 years ago.

That's actually a huge "if," since future Congresses have continually given one- or two-year waivers on implementing those fee cuts.

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