Tuesday, November 9, 2010

A good place to start cutting

"Calculations by the nonpartisan Congressional Budget Office and other independent fiscal experts show that the $1.1 trillion cost over the next 10 years of the Medicare prescription drug program, which the Republican-controlled Congress adopted in 2003, by itself would add more to the deficit than the combined costs of the bailout, the stimulus and the health care law." (nytimes)

I have spoke to a few people and they are always surprised how cheap this program is. That might be great but if it is just our money paying for their low prices it can't last. Medicare is hundreds of times more expensive then originally projected and so will this program.

Thomas Jefferson thought the constitution might be rewritten every 19 years, but instead of that I think major laws (ranked by expenditures) should be voted on every 10 years. This will force our representatives in the House and Senate to make a political statement in their vote instead of taking a position that never gets tested.

No comments: