I know not everyone's lives revolve around the political scene like mine does, but if you've been watching the news at all this week, you've probably seen that our country is debating two major budget issues right now.
The first is the budget for the remainder of 2011, often referred to as the Continuing Resolution, or CR. The current CR funds the government through this Friday, and if the Senate does not take action and an agreement is not reached, the government will shut down. Lots of federal employees will stop getting paid, including our troops. Bad news.
However, to be quite honest, that is not the biggest issue on the table right now. Yesterday Paul Ryan, chairman of the House Budget Committee and Republican Congressman from Wisconsin, released his much-anticipated 2012 budget, a document he's calling the "Pathway to Prosperity". For the first time, someone is proposing a plan to start paying off our national debt by reforming the major entitlement programs: Medicare and Medicaid.
But Ryan's budget does much more than address our debt - it proposes a way to save these entitlement programs for future generations, including us. People currently receiving benefits from these programs would not be affected - seniors need not fear. Instead, this is a chance for seniors to get behind a plan that will save these programs not only for their children, but their grandchildren as well.
If you want to read/watch/hear more about Ryan's plan, here are a few good links:
Full Budget, Summary, Key Facts, and a video from RyanRyan's Op-Ed in the Wall Street JournalPolitco Op-Ed focusing on MedicareRadio Interview with Roskam on both budget issuesI don't usually post political stuff on here because politics can be a sensitive issue for a lot of people, but this is too important not to pass along for discussion. Just imagine a future where international debates over the security of the dollar are over, our country is paying off it's national debt, and you and I would actually see benefits in our old age. Without reforms like these, that future is impossible.