Mitch Daniels: That Entitlements Can is Getting Heavier, and We’re Running Out of Road
Mitch Daniels is the president of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co-chair of the Committee for a Responsible Federal Budget. He recently wrote an op-ed that appeared in The Washington Post. An excerpt of it appears below.
So another congressional session is half over and, we’re told, is likely to go by without a mention of the moose on the American table, our preposterously out-of-control federal debt. It’s not as though the stakes are high: just our standard of living, national security, all the discretionary activities of government, and literally our future as an autonomous, self-governing people. Every honest observer knows what will cause the coming crunch, so aptly termed by Erskine Bowles as “the most predictable crisis in history”: the runaway autopilot programs we call “entitlements.” Without changes there, no combination of other measures can come close to preventing the reckoning.
"My Views" are works published by members or staff of the Committee for a Responsible Federal Budget, but they do not necessarily reflect the views of all members of the Committee.