Nearly everyone understands that the nation's deficit will eventually bankrupt the federal government and have a catastrophic effect on the American economy. But, hey, interest rates are low and investors are still willing to purchase the federal debt despite receiving almost no return. There seems to be no immediate threat. So those who don't want to fix Medicare, the heart of the nation's deficit problem, have a continuing excuse - don't take anything away from the elderly, continue borrowing a trillion or so a year, and above all don't do anything to harm the limping economy.
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