Robert Samuelson reminds us what is really driving the federal deficit over the next couple decades:
As is known, these "entitlements" are the central cause of long-term budget deficits. From 2005 to 2035, their cost will nearly double as a share of national income, projects the Congressional Budget Office. How big a government do we want? What's the balance of fairness between young and old? How much should other programs be reduced or taxes raised? Many Democrats duck the fundamental policy questions and reject any benefit cuts.Let's be clear about one thing: there is not enough money that could be culled from the "rich" to pay for all the Medicare and Social Security spending coming down the pike which will soon enough suck up every penny in federal revenue.