“This bill, also championed by the youth-led ‘The Can Kicks Back’ campaign, would make it more difficult for Washington politicians to kick the can down the road by providing information about the long-term impact of today’s unsustainable fiscal policy. Specifically, the INFORM Act would expose two important but often ignored realities. First, with an aging population, rising healthcare costs and mounting interest expense, federal spending is set to automatically and dramatically increase the ‘mandatory’ part of our budget. Second, young people and future generations will disproportionately shoulder the burden of our fiscal imbalance.”
http://blogs.reuters.com/great-debate/2013/07/24/to-help-end-budget-gimmicks-pass-this-bill/
(Visited 31 times, 1 visits today)
Related posts:
French President Macron's vision of post-Brexit Europe: armies, police and taxes
Egypt expels three Al-Jazeera journalists for biased reporting
In crisis-ravaged Greece, ‘laughter clubs’ are booming
Ecuador announces plans to launch first two satellites into space
With Bullets Scarce, More Shooters Make Their Own
Point-and-shoot scanner copies and creates almost any item using a 3D printer
Where Immigration Policy Intersects with Government Surveillance
Wall Street Can’t Agree on When to Halt the U.S. Stock Market
Fake gold bars hit NYC
A Long List of What We Know Thanks to Private Manning
Venezuela unveils largest-ever bill, worth a few US dollars
Yellen Sees Little Threat to Financial Stability
French mother jailed for sending son to school in ‘I am a bomb’ shirt
City may sue developer who spent $20,000 to remove 40 tons of trash from vacant lot
RomneyCare 2.0