But there is no question that if you are going to address this issue in a way that has substantive impact on the future of our Nation, the prosperity of our children, and our standard of living, it is the second 10 years, and the third 10 years that are the important years, in my opinion, relative to policy changes you can make today that impact those years.
Emphasizes the importance of long-term policy changes for future prosperity.
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America is one debt deal away from leading the world out of its economic doldrums.
I think Dr. Rivlin is absolutely correct on both points, and Simpson-Bowles did the same thing that Domenici-Rivlin did, which was to actually increase benefits to single women over 85, and low-income individuals.
That means setting up a definable process for getting to closure on an agreement on entitlement spending and on revenues.
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