On Deficits and Debts; or Don’t Believe the Entitlements Hype

The Center for Budget and Policy Priorities continues its yeoman work on documenting where the federal Government's deficits AND Debts come from. Even though most of the readers here likely get this story, it has yet to make much of a dent in the media narrative, which continues to flog the business about entitlement spending being the thing that is running our fiscal futures off of the rails.

Over The Cliff

A new poll shows that the Republican deficit solutions are very unpopular with the American public. The most popular solutions are raising taxes on millionaires, ending earmarks and cutting unnecessary defense programs. Cutting Social Security, Medicare and Medicaid are the least popular solutions, supported by 25% or less of the public.