If either party got everything they claim the other party is denying them by being unwilling to compromise, the fact is that federal deficits are projected to continue rising for the next decade.
So what’s the answer? Personally, I think the recommendations of the Simpson-Bowles Commission should be a starting place for negotiations. Anyone with a lick of sense knows defense, Social Security and Medicare are unsustainable in their present form.
Let’s fix the problems like we did back in the 1980s when the overhaul of Social Security was enacted by Congress. I just received my first Social Security check last month, and I had to wait an extra year for full benefits due to one of the changes adopted a quarter century ago. It was the right decision then, and we can do it again.