Bush Administration Threatens to Veto Democratic Budget if it Doesn't "Address the Unsustainable Growth in Entitlement Spending"--What Chutzpah!!

President Bush spent considerable political capital passing the Part D Medicare drug benefit. That benefit alone increased the long-term Medicare unfunded liability by $8 trillion over the next 75 years. All of Medicare now has a $32 trillion unfunded liability.The President used substantial political capital just after his reelection trying to change the Social Security system because he made