Senate Majority Leader Mitch McConnell's (R-Ky.) "single biggest regret of my time in Congress," he told Bloomberg News on Tuesday, is "our failure to address the entitlement issue." McConnell said that the mushrooming federal deficit, which the Treasury Department just said grew to $779 billion last fiscal year — 77 percent higher than when McConnell became majority leader in 2015 — is "very disturbing," but he blamed Medicare and Social Security spending, not the $1.5 trillion tax cut he steered through last year. "I think it's pretty safe to say that entitlement changes, which is the real driver of the debt by any objective standard, may well be difficult if not impossible to achieve when you have unified government," McConnell said.
Similar Stories to Mitch Mcconnell Blames The Soaring Deficit On Medicare And Social Security, Not The Gop Tax Cuts on Bing News
The Week - Business, The Week: Business
Wed, 10/17/2018 - 5:18am
Topics: senate majority leader mitch mcconnell's r-ky bloomberg news treasury department republicans gop democrats december white house washington post mcconnell mcconnell congress medicare social security medicaid tax cuts year entitlement blamed spending tuesday cutting difficult higher run-up debt revenue
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more