Long-term, we’re still in trouble due to a variety of factors, and neither our government nor our media seem to know how to actually look at the federal deficit.
Obama’s offering an olive branch, trying to find middle ground, and GOP leaders are still balking because of the tax increases.
Congressman Louie Gohmert of Texas appears to believe that the national debt is as immoral as slavery.
The findings may give the president political leverage to get some of his demands met by Congress, and puts pressure on Congressional Republicans to actually do something real about the sequester.
This unexpected slowing of the growth of healthcare costs is not going to address the entire deficit either.
If American people need to sacrifice to help with government spending (such as accepting cuts to Medicare and changes to Social Security), Congress should have to as well.
Grover Norquist and the tea party have been busy of late, celebrating from the Super Committee failure to produce deficit compromises. Last August, the Republicans chalked up another win for their twisted devotion to governing for the nation’s upper class; or so they thought.
