This is my last go at it.
If the people in Congress are serious about this, they have a lot of options. Yeah, they don’t all rock, but if they work together and frame it in a way of compromise and “sacrifice now to save us later,” perhaps it could actually happen.
I mean, I even made a slight surplus by 2030 (which signals to me that there is some room for even more compromise).
Do I think they’ll do it though? No. Because they’d have to put a few cuts to each of their sacred cows. And who will foot the bill? You and I (if you’re American, at least). I’ll be 45 in 2030. I’d like it if America didn’t have a huge debt by then. I’m already aware that Social Security will probably be vastly different by the time I’m 68-70 years old. I’m not really expecting to get the same benefits as people expect now (though, I’d be thrilled if they were still there… which is why a balanced budget seems oh-so-important).
So, have you balanced the budget today?