Video up of "The Future America Can't Afford: An Issue Seminar for Media on the Entitlements Crisis"
Can you imagine your quality of life and that of your family if your federal taxes doubled or tripled? Unfortunately, such a turn of events is inevitable if we don't confront the approaching financial crisis that arrives when the bills come due for all the benefits promised to the Baby Boomer generation for Social Security, Medicare, Prescription Drug coverage, federal pensions and much else.
That was the message earlier this week at the National Press Club from U.S. Comptroller David Walker, Brookings Institution Vice President Isabell Sawhill, The Heritage Foundation Vice President Stuart Butler and other experts gathered for: "The Future America Can't Afford: An Issue Seminar for the Media on the Entitlements Crisis."
The seminar was co-hosted by Brookings, Heritage and the National Press Foundation and was attended by 35 journalists representing virtually every major mainstream media outlet. Captain's Quarters' Ed Morrissey both blogged the event and spoke on the seminar's panel about the challenges of covering the entitlements issue.
You can view the entire event here. Scroll down the "Of Additional Interest" column on the right to the seminar, which is the fourth event listed.
Ed Morrissey of Captain's Quarters was a panel participant and an interested attendee at all of the sessions. He found the tension among the panel participants from a broad spectrum of think tanks most revealing, as they considered which benefits to cut how much and which taxes to increase by what amount. That tension, of course, presages a coming national debate that could make the Watergate and Bork confirmation clashes look like exercises in civics civility.