Editorial: Cut the Debt - WSFA.com Montgomery Alabama news.

Editorial: Cut the Debt

MONTGOMERY, AL (WSFA) - Babies born today will face a grim reality by the time they are in college: interest on the debt and benefits for Medicare, Medicaid and Social Security will consume the entire federal budget.  There will be no money left for anything else.       

Clearly, we can't let that happen.  It will literally be the downfall of our country if we let it happen.  The time to prevent it from happening is now.  It will take backbone and hard choices from our elected leaders. It will also take pressure from us to make sure those leaders address the issue. 

To lower interest payments on the debt, we need to lower the debt. To do that, we need to cut spending.   The federal government is spending more than 100 billion dollars this year alone in Afghanistan.  That is not sustainable.  The double wars in Afghanistan and Iraq have cost us over a trillion dollars.  

Raising the retirement age to 70 will help address the Social Security benefits shortfall but unless health care costs decrease this sacrifice by those now entering the work force won't matter. 

The federal government can't live beyond its means any longer.  It is borderline unconscionable that we have allowed it to happen this long.  

Copyright 2011 WSFA 12 News. All rights reserved.

  • EditorialsMore>>

  • opinion

    Editorial: Millennials are not laughing

    Editorial: Millennials are not laughing

    Friday, July 20 2018 12:05 PM EDT2018-07-20 16:05:08 GMT
    (Source: WSFA 12 News)(Source: WSFA 12 News)

    This coming Saturday, the Montgomery Biscuits will be in town taking on the Mississippi Braves and the theme for the game is Millennial Night. 

    More >>

    This coming Saturday, the Montgomery Biscuits will be in town taking on the Mississippi Braves and the theme for the game is Millennial Night. 

    More >>
  • Opinion

    Editorial: Thumbs up Thursday

    Editorial: Thumbs up Thursday

    Wednesday, July 18 2018 12:21 PM EDT2018-07-18 16:21:46 GMT
    (Source: WSFA 12 News)(Source: WSFA 12 News)

    Fifty-nine law enforcement officers have lost their lives this year alone in the line of duty.  We as a community need to let them know they are not in this alone. WSFA is partnering with Concerned Citizens Organized for Police Support, or CCOPS for short, to address the relationship between our citizens and law enforcement.  CCOPS has three primary goals:  Develop interaction between the citizens and police, Inform our citizens of the job and sacrifices that these de...

    More >>

    Fifty-nine law enforcement officers have lost their lives this year alone in the line of duty.  We as a community need to let them know they are not in this alone. WSFA is partnering with Concerned Citizens Organized for Police Support, or CCOPS for short, to address the relationship between our citizens and law enforcement.  CCOPS has three primary goals:  Develop interaction between the citizens and police, Inform our citizens of the job and sacrifices that these de...

    More >>
  • opinion

    Editorial: Vote for change

    Editorial: Vote for change

    Thursday, July 12 2018 11:48 AM EDT2018-07-12 15:48:19 GMT
    (Source: WSFA 12 News)(Source: WSFA 12 News)

    Next Tuesday, July 17 is the runoff election for a number of very high profile offices.

    More >>

    Next Tuesday, July 17 is the runoff election for a number of very high profile offices.

    More >>
Powered by Frankly