Monday, July 25, 2011

Stabenow: Don't give Social Security to Wall Street, Medicare to insurance companies. Instead, the federal government will bankrupt them both

Let me just start with this: Pic of the Day: The Only Chart You Need To See To Understand Why The US Is Screwed, for the first time in our history just entitlement spending by itself is greater than all federal tax revenues combined:
Stabenow's solution? Via MLive
U.S. Sen. Debbie Stabenow said she doesn't support cuts to Medicare or Social Security as part of the debt ceiling deal, something Republicans have pushed hard for and President Obama is open to.

"I don't believe in giving Social Security to Wall Street and Medicare to for-profit insurance companies," Stabenow said after a green energy press conference this week in Lansing.
But yet both are on a trajectory for total and utter bankruptcy. Her solution? What has she done about it? This: