On the recordSeptember 12, 2011
Without substantial new revenues and structural entitlement reform, our fiscal ship is destined to capsize.
Said by
Pete Domenici
Source
congress.govWithout substantial new revenues and structural entitlement reform, our fiscal ship is destined to capsize.
Domenici warns about the risks of not reforming taxes and entitlements.
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That did not reduce any beneficiaries' benefits, it just cut the amounts that providers were otherwise getting.
I think you raise a good point. We have to be careful about the issue you raised. It is a serious one.
You cannot imagine being on my side of the aisle now, where I cannot do what you do.