Structural Changes Left Out of Obama Plan

Structural Changes Left Out of Obama Plan

This morning, the scorning continued on President Obama’s plan to reduce the national deficit.  Along with a New York Daily News article charging the President with “campaigning, not leading,” economic analysts are lining up against the plan as well.  In a Reuters article post yesterday evening, Joseph Antos, a specialist with the American Enterprise Institute, said the plan “…is just nickel-and-diming providers and states and not dealing with the structural issues.” 

The same Reuters article goes on to say Obama’s plans with Medicare will not make the necessary structural changes in order to avoid insolvency in 2024.  “That’s the biggest single short-coming in the Obama package,” commented Bipartisan Policy Center budget analyst Steve Bell.

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