Quote from RCG Trader:
Okay, so where do we start cutting? Who will do it? Touch Medicare or Medicaid, and you will be surrounded by a hostile congress and you will be a one termer. That is why I take these political arguments lightly. Long ago I saw that no one has the political will. Something really bad is going to have to happen to us before we to decide to balance the books, just my take.
it has to be a balanced approach just as obama has said and offered all along.
maybe if the republicans are embarrased enough in the next election they may start acting like adults and make the compromises that have to be made.