Bush's Budget Turning America into Argentina
My only complaint about Milbank's column is that it's contrasted with the filibuster drama instead of Social Security. When BushCo holds a press conference about Social Security going bankrupt it's broadcast nationally in the middle of sweeps, when two think tanks that never agree on anything and the country's comptroller have a presser on the entire government going bankrupt all they get is a few staffers looking for a free lunch.The other nuclear scenario... With the media packs settling down to enjoy the filibuster fight, Post quasi-columnist Dana Milbank notices that a conservative think tank and a liberal one joined with the U.S.'s comptroller for a press conference to raise the alarm about the "nightmare" that is the future budget. "The only thing the United States is able to do a little after 2040 is pay interest on massive and growing federal debt," said the comptroller. "The model blows up in the mid-2040s. What does that mean? Argentina."
Milbank notes:
There were no cameras, not a single microphone, and no evidence of a lawmaker or Bush administration official in the room—just some hungry congressional staffers and boxes of sandwiches from Corner Bakery.
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