Financial Ruin: It’s Automatic

Entitlements are devouring the federal budget and, if they are not checked, will inevitably dictate higher taxes and a downward spiral of slow growth and unemployment. That’s the way it looks to me, anyway. And no one is doing anything about it. The “cuts” proposed by the Republicans are so trivial as to be merely symbolic, as is the ritual faux-outrage expressed by the Democrats in response. Dafydd ab Hugh dissects the latest round of fake “cuts” and fake “outrage”:

Those nasty, brutish, and short Republicans are once again trying to take the pills that Grandma needs right out of her mouth, according to the Associated Press. Here is the scareline of the AP article:
House Passes Budget That Cuts Medicaid
Oh, no — cutting Medicaid! Granny will have to choose between antibiotics and bread! The first two paragraphs make clear the perfidy of the Republicans:
WASHINGTON (AP) – The House narrowly passed a $2.6 trillion budget Thursday evening that would cut back the Medicaid health care program for the poor for the first time since 1997 in a step toward trimming federal deficits.
The 214-211 vote approved a blueprint that instructs lawmakers to freeze or cut spending in many domestic programs outside defense and homeland security and restrain farm, student loan, pension and some other government programs that grow automatically from year to year….

So what are the specifics? How much will the dastardly Republicans slash from Granny

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