
This may be more posturing by the House speaker, but the federal government has to begin reducing the ballooning federal debt which will soon reach $15 trillion dollars.
Both Democrats and Republicans are responsible for the federal debt, and both parties are going to have to begin addressing this issue as this is now affecting the national security of the United States.
The president has failed to address this issue, he even failed to accept one recommendation from his own Debt Reduction committee, which presented its findings in December.
Both parties need to get serious about debt reduction, which has to include entitlement reform and defense spending reform, if it ever is to get a handle on the massive federal debt.
The ball is in the air, let's see who grabs the ball and runs with it. Time will tell who is serious about reducing the debt of the United States. The nation's economic future is in their hands!
http://militarybriefingbook.com/topic.cfm?topic=U.S.%20Politics
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