Everyone, including President Obama and former governor Mitt Romney, gives lip service to reducing the deficit. But when you do the math -- whether it be Obama's, Romney's or even Paul Ryan's -- there is no plan for eliminating deficits that adds up. When a politician, Republican or Democrat, tells you we can balance the budget while not reducing Medicare costs or while spending even more for defense, it simply cannot be done. And they know it can't be done.
Americans deserve the truth. The truth is that our deficits are not only unsustainable, but represent a very real threat to this nation. And of the $16 trillion in debt our government in Washington has racked up, it is almost equally split between Republican and Democrat administrations.
Source: USA Today. Read full article. (link)