Today, The Heritage Foundation unveiled their plan to save the American dream. Their groundbreaking report is heavy on policy, laying out detailed recommendations on Social Security, Medicare, Medicaid, health insurance, the tax code, and federal spending. Heritage Foundation President Ed Feulner said:
Saving the American Dream is our plan to fix the debt, cut spending and, above all, restore prosperity. It balances the nation's budget within a decade-and keeps it balanced. It reduces the debt and cuts government in half. It eliminates government-mandated health care and fully funds our national defense. In order to get our fiscal house in order, we must address Social Security, Medicare, and Medicaid, the three so-called entitlement programs which together account for 43 percent of federal spending today. Far too many seniors still lack enough help to avoid poverty. Saving the American Dream therefore does not end these programs; instead it focuses them on those who need them.
For the latest news from Congress on the fight to cut spending, check out this feed of spending-related blog posts.