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WaPo Understates Medicare Woes

Ceci Connolly and Lori Montgomery have an article in the February 21 Washington Post today titled “Obama Plans Summit Next Week On Long-Term Budget Difficulties.” The article does a fine job describing the profligacy of the current Administration writing:

First as a senator and then as president, Obama has presided over the fastest, largest outlay of federal money since World War II. Over the past 12 months, the government has pumped more than $2 trillion into initiatives to ease the nation’s financial and economic crisis, driving the federal deficit to historic proportions.

However, the authors go on to understate the threat … Continue Reading