If we can do those, that's going to help. So the first thing is we've got to cut taxes, but we tremendously have to cut the overhead. And the thing here, and I think the public is becoming aware of this fact, we can't make it by cutting defense and non-defense discretionary. That was the budget we were doing 2 weeks ago on the floor. We cut $100 billion out of that. If you know what the real problem is, as we talked about earlier, the total of these entitlements plus debt service is $2.2 trillion. The Federal revenue is $2.2 trillion. You can zero this and this out, and you just barely have a balanced budget; and that's not talking about the out-years, when it gets worse. So these areas must be dealt with. Now, supposedly if you talk about changing anything with Social Security, Medicare, or Medicaid, lightning will fall and you'll be struck dead politically. But the fact of the matter is we must deal with these. How we deal with them is one of those things that we need to have a conversation on it. But to do what the President did and submit the 2012 budget and not deal with these at all is being disingenuous. It's kicking the can down the road and ignoring this massive problem, which is a little bit like that gorilla in the tent.
W. Todd Akin: “If we can do those, that's going to help. So the first thing is we've got to cut taxes, but we tremendously have to cut…”
Editor's note · Context
The speaker discusses the need to address entitlement reform and budget issues.
Share
More from W. Todd Akin
On rollcall No. 74, I was delayed and unable to vote. Had I been present I would have voted ``yea.''
On rollcall Nos. 75, 76 and 77, I was delayed and unable to vote. Had I been present I would have voted ``no'' on all three. The Acting CHAIR. The question is on the committee amendment in the nature of a substitute, as amended. The…
In just about a week or so, we're going to be sitting down at tables celebrating Thanksgiving and eating turkey and getting a little sleepy maybe afterwards. But as we think about Thanksgiving and we think about the holiday of Thanksgiving…
On rollcall No. 468, had I been present, I would have voted ``aye.'' ____________________





