On Aug 3, 2011, at 3:23 PM, SA wrote:
> On 8/3/2011 3:07 PM, Doug Henwood wrote:
>
>> It's one thing to make a deal like this - it's another to translate it into ten real annual budgets.
>
> You said this before, but what are you really suggesting? That they're going to ignore the caps entirely and keep d/d spending growing at the inflation rate or more?
Who knows? There will be five elections between now and 2021. Add SS and Medicare cuts to the discretionary caps and who knows what will happen politically? A lot of people are fine with budget cuts in the abstract, but if they find out that their SS check will take a $100/month hit or their Medicare copay is going to go up 20%, the political environment could change markedly.
Doug