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

Editorial: Cut the Debt

Posted: Updated:
  • EditorialsMore>>

  • Editorial: "Viewer Feedback: Two Immigration Problems"

    Editorial: "Viewer Feedback: Two Immigration Problems"

    Thursday, July 31 2014 7:20 PM EDT2014-07-31 23:20:04 GMT
    In response to our editorial suggesting that we show compassion for the thousands of children who recently immigrated illegally into the U.S. and that their crisis is not the same issue as the need forMore >>
    In response to our editorial suggesting that we show compassion for the thousands of children who recently immigrated illegally into the U.S. and that their crisis is not the same issue as the need for immigration reform in general, we received numerous comments.More >>
  • Guest Editorial: "Two immigration problems"

    Guest Editorial: "Two immigration problems"

    Tuesday, July 29 2014 8:44 PM EDT2014-07-30 00:44:19 GMT
    Since October over 57,000 children have been brought into the United States illegally, most from Central America by profiteering smugglers misrepresenting a 2008 U.S. immigration law to the parents whoMore >>
    Since October over 57,000 children have been brought into the United States illegally, most from Central America by profiteering smugglers misrepresenting a 2008 U.S. immigration law to the parents whoMore >>
  • Editorial: "Viewer Feedback: For the Greater Good"

    Editorial: "Viewer Feedback: For the Greater Good"

    Thursday, July 24 2014 7:20 PM EDT2014-07-24 23:20:09 GMT
    Our editorial earlier this week focusing on the requests for two ASU board members to resign lead to the following feedback on wsfa.com and our WSFA 12 News station Facebook page…here is just a sampling:More >>
    Our editorial earlier this week focusing on the requests for two ASU board members to resign lead to the following feedback on wsfa.com and our WSFA 12 News station Facebook page…here is just a sampling:More >>

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.

Powered by WorldNow