FROM CNN's Jack Cafferty:
The United States could be bankrupt in 7 to 10 years, yet our government refuses to do anything about it.
[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2010/images/01/27/art.-dollar.jpg caption=""]
The Senate voted yesterday against a bipartisan commission that would make recommendations on to how to reduce the nation's skyrocketing deficits... estimated to top $1.35 trillion this year.
Many Republicans were against the commission idea - because they don't want to support anything that could mean tax increases. Many Democrats were opposed, too - because they don't like the idea of big spending cuts in entitlement programs like Medicare and Medicaid.
But the truth is: There are only two options for reducing our more than $12 trillion national debt: Either raise taxes or cut spending - or both. Washington is choosing to do neither.
Republican Lindsey Graham, who voted in favor of the commission, tells Politico he's disgusted with the Senate's lack of progress on much of anything:
"I'm willing to try anything because I'm desperate. Immigration: Hard, tried, it went nowhere. Social Security: Hard, tried, it went nowhere. Health care: Hard, tried, went nowhere. We're running out of opportunities to try hard and go nowhere. Time is not on our side."
Meanwhile President Obama is expected to set up a similar deficit reduction commission by executive order in his State of the Union address tonight. Noble - but in reality, it's just another empty political gesture that means nothing.
Unlike the proposed commission killed by the Senate, the president's commission won't be able to force Congress to do anything. In other words - it won't have any teeth.
Here’s my question to you: The U.S. may go bankrupt in the next 7 to 10 years. Why won't our government do anything about it?
Interested to know which ones made it on air?
FROM CNN's Jack Cafferty:
With the hundreds of billions of dollars we have spent since 9/11, here is something to think about:
The United States is not prepared to protect itself against the threat of WMDs - at the same time al Qaeda seems intent on another large-scale attack.
[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2010/images/01/27/art.osama.jpg caption="(FILE PHOTO) In a recent radio address, Osama bin Laden praised the attempted Christmas Day bombing of a U.S.-bound airliner. He also warned of more attacks to come."]
A bipartisan commission appointed by Congress is giving the White house and Congress failing grades for not coming up with a rapid-response to deal with disease outbreaks from bio-terrorism... or providing enough oversight of security and intelligence agencies.
The chair of the panel says the U.S. no longer has "the luxury of a slow learning curve, when we know al Qaeda is interested in biological weapons."
Not very reassuring that this report comes on the heels of the failed attempt to blow up an airplane bound for Detroit on Christmas Day - after which President Obama acknowledged intelligence agencies didn't connect the dots.
And, Osama bin Laden is back, praising the attempted bombing. In a new audio recording, bid Laden says it was a heroic act meant to remind us of the 9/11 terror attacks. He warns that more attacks against the U.S. are coming.
Intelligence officials worry that al Qaeda in the Arabian Peninsula - which claimed responsibility for the Christmas bomb attempt - may have trained other suicide bombers.
Just last week, Britain elevated its terror threat level to "severe" - its second highest level. At the same time - American officials have described an "unusually high" number of people on the no-fly list trying to board planes bound for the U.S.
Here’s my question to you: Has the U.S. done enough to protect itself against another major terror attack?
Interested to know which ones made it on air?
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