Government Wastes 53 Cents of Every Dollar Spent?

By Tim Connolly

New Washington Post Poll Says Americans Now Believe Government Wastes 53 Cents of Every Dollar Spent - Can This Voter Discontent Spur a Bipartisan Compromise on Deficit Reduction, Healthcare and Tort Reform on the Table in Washington?

Can Senator Judd Gregg broker a compromise in healthcare and deficit reduction with the Obama administration and Senate Democrats? Politico reports a very interesting scenario that could attract Senate Republican support. Senator Judd Gregg has chaired the Senate Health, Education, Labor and Pension Committee as well as the Budget Committee. He remains the ranking Republican on Budget and, as such, is most preoccupied with the burgeoning federal debt. Gregg has repeatedly pressed Democrats to apply the nearly $500 billion in Medicare-related savings in the House and Senate health care bills toward deficit reduction. One option for Obama would be to split the dollars, keeping half to expand health coverage and half to address the long-term solvency of the existing Medicare trust fund. [more from Tim…] [Read the Politico article here…]