Bamboozling Budget: While a strong brew of internicide party politics and special interest lobbying appears to have made passage of the FY 2015 budget difficult, dont be deceived. The budget battle is over the stagnant $1.1 trillion discretionary portion of the budget. The $2.4 trillion and growing mandatory spending (Medicare, Medicaid, Social Security, interest payments) portion sailed through unscathed and thats where all our long-term fiscal problems are. Its classic Congressional bait-and-switch. © 2014, Graphs & Laughs bit.ly/GraphsandLaughs To post daily MMG content to your own social media profiles, access the Social Media Sharing section, under the Market Action tab.
Posted on: Tue, 16 Dec 2014 13:54:38 +0000
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