Put It In Your Pantry with Your Cupcakes

Tuesday, February 08, 2005

Cheney: Social Security Plan to Cost Trillions (washingtonpost.com)

Appearing on "Fox News Sunday," Cheney said the government would have to borrow $754 billion over the next 10 years, and conceded that the price tag would involve borrowing trillions of dollars more in subsequent decades.

"That's right. Trillions more after that," Cheney said in response to a question.
what the hell? shouldn't we be reducing our future debts rather than increasing them? borrowing trillions on top of trillions is poor policy.
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