October 28, 2007

BECAUSE SOMEONE HAS TO PLAY THE GROWN-UP:

Thompson alone tackles entitlements: Former senator is the only Republican who gets heated about entitlement spending (Linda Feldmann, 10/29/07, The Christian Science Monitor)

Already, those three programs make up 40 percent of the federal budget. If reforms are not enacted, Social Security will eventually go bust; in 40 years, on the current path, the two medical programs alone could equal the size of today's entire federal budget according to the US Government Accountability Office.

Experts tend to agree on the projections, but is it a crisis? In the hyperpartisan atmosphere of the 2008 presidential campaign, the topic of entitlement programs is also a matter of dispute between parties. Former Sen. Fred Thompson (R) of Tennessee, the most impassioned candidate on entitlement spending, suggests that it's the nation's most important domestic problem – and, alone among the top-tier Republican candidates, is willing to take the risky step of discussing cuts in benefits. Most Republicans stick with the safer position of saying what they won't do – raise taxes – or proposing a new commission to study the problem. The Democratic candidates call entitlement spending a long-term challenge, and assert that there's plenty of time to work out a solution. They tend not to bring up the subject on the stump, but when asked, they repeat their opposition to the "privatization of Social Security," a refrain from the days of President Bush's ill-fated effort to make private accounts a part of the program.


Fred Thompson will be at the New Hampshire Statehouse, in Concord, to launch his campaign, tomorrow (Monday) at 2:15.

Posted by Orrin Judd at October 28, 2007 7:27 PM
Comments

Who is Fred Thompson?

Posted by: NH at October 29, 2007 4:14 PM
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