The Washington Post’s editors weigh in against legislation from Sen. Tom Harkin and Rep. Linda Sanchez that would increase social security benefits and COLAs, funded by eliminating the Social Security “tax max”:
The fiscal predicament facing the U.S. government is a double one: how to bring taxes and spending into rough long-term balance while ending the squeeze on non-entitlement spending enshrined in current law. It’s not an easy task. It won’t get any easier if progressives define progressivism as opposition to budgetary realism.
Check it out here.