Susan Stamper Brown, FloydReports.com
If indeed the road to Hell is paved with good intentions, President Obama and his cohorts in the Democratic Party must be feeling the heat on their backsides after the House voted to pass the Cut, Cap and Balance (CCB) plan.
In response to the GOP’s proposal, it should come as no surprise that White House spokesman Jay Carney would use scare tactics to suggest that the CCB bill would impose egregious cuts to Medicare. Democrats currently engaged in the debt ceiling budget debate refuse to tell the truth about the financial state of our union, and choose to continue down their spendificant pathway — which is expected to dead-end by way of a brick wall in 2019.
Republicans have done their part to sound the warning bell, and offer an alternate route, via Rep. Paul Ryan’s, (R-WI) “Pathway to Prosperity,” and more recently, Cut, Cap and Balance. Both proposals tell the unvarnished truth about America’s date with financial destruction and provide a sensible, alternative.
In April, the Congressional Budget Office produced an analysis showing Ryan’s plan would “reverse the course of fiscal history by lowering federal health care spending from 8 percent to 5 percent by 2050,” as compared to a 14 percent spending hike, should we stay on the current path toward insolvency….