Thursday, September 27, 2012

Hal Mason: Why Congress Can't Balance The Budget- Video

Well, this is depressing. Hal Mason, a former accountant, explains why the U.S. Congress can't balance the budget, and what that means with our soaring debt. It's not pretty.

In a comment on Youtube, Mason says:

Neither party is willing to put our nation before politics. The budget can be balanced but it will require painful changes to entitlements, deep cuts in discretionary spending and increased tax revenues. It will take decades to pay down the debt. We can either fix it now or wait until we have a financial meltdown like Greece.

The White House budget.

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