The Herald of Everett, Washington
Customer service  |  Subscribe   |   Log in or sign up   |   Advertising information   |   Contact us
HeraldNet on Facebook HeraldNet on Twitter HeraldNet RSS feeds HeraldNet Pinterest HeraldNet Google Plus HeraldNet Youtube
HeraldNet Newsletters  Newsletters: Sign up  Green editions icon Green editions
Federal budget


We are headed for bankruptcy

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
Published:
Those folks who say only the rich should pay more and our problems would be solved need to get their news and information from more than one source. If we all paid more by returning to the Clinton-era taxes, we would still be heading for a Greek-style bankruptcy as our spending on entitlements is currently costing us 46 cents more than each dollar we take in. Without reforming Medicare spending, we will all eventually be in the streets protesting when the government can no longer borrow to continue the overspending.
Paul Faulkenburg
Oak Harbor

More Letters Headlines

NEWSLETTER

HeraldNet Headlines

Top stories and breaking news updates

Calendar