Tags: Boehner House GOP Will Address Entitlements

Boehner: House GOP Will Address Entitlements

By Dan Weil   |   Friday, 04 Mar 2011 10:15 AM

House Republicans will take on the issue of entitlements, which account for more than 60 percent of government spending, in their budget plan for next year, House Speaker John Boehner told  the Wall Street Journal in an interview.

President Barack Obama, of course, didn’t address entitlements in the budget proposal he unveiled earlier this year

Republicans will devote the time necessary to convince Americans that cutbacks are necessary in Social Security and Medicare, because many aren’t aware of the dire financial crisis created by the current spending path for those programs.

Spending on Social Security is slated to rise 5.4 percent annually for the rest of the decade, and Medicare spending is set to increase 6.8 percent annually. At that rate, Medicare would run out of money in 2029 and Social Security in 2037.

boehner, house, address , entitlements"People in Washington assume that Americans understand how big the problem is, but most Americans don't have a clue," Boehner said. "I think it's incumbent on us, if we are serious about dealing with the big challenges, that we go out and help Americans understand how big the problem is that faces us."

A new Wall Street Journal/NBC News poll shows less 25 percent of Americans support significant cuts for Social Security or Medicare. But more than 50 percent back decreasing benefits for wealthier retirees and raising the Social Security retirement age.

Once the education process is undertaken, voters will accept cuts in the programs, Boehner says.

To be sure, Republicans won’t outline specific cuts anytime soon. Instead, the budget will offer cost containment goals.

Boehner would welcome the president’s participation in the process. "I offered to the president we could lock arms and walk out and begin the conversation about the size of the problem," he said. Obama responded "positively," Boehner added

But he’s upset that the White House isn’t taking the lead. "I think the president shrank from his responsibility to lead," Boehner said. "He knows the numbers as well as we do."



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House Republicans will take on the issue of entitlements, which account for more than 60 percent of government spending, in their budget plan for next year, House Speaker John Boehner told the Wall Street Journal in an interview. President Barack Obama, of course, didn t...
Boehner House GOP Will Address Entitlements
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2011-15-04
 

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