http://www.courier-journal.com/artic...itter+medicine
You can read more about it at the link I provided above, but the jest of it is this: A proposed final report by President Barack Obama's deficit commission warned Wednesday of a fiscal “reckoning” without major sacrifices but may fail to spur lawmakers to action without support from most members of the bipartisan panel in an upcoming vote.
The plan calls for sweeping tax changes that would affect millions of Americans, including trimming or doing away with many popular tax breaks such as the home mortgage deduction (REALLY?). It would also make deep cuts in military spending (There are pro's and con's to this one), slash the federal work force (sounds like a good idea to me), raise the retirement age for full Social Security benefits and cuts Medicare (They can't be serious?!!). It aims to reduce federal red ink by nearly $4 trillion within a decade.
This it is boys...it is now almost time to pay the piper! Thank you Nobama and all of those who voted for you in the first place!



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