“So, let’s recap. The medium-term deficit problem was created by Bush tax cuts and by an unfunded Bush-era expansion of Medicare. The long-term deficit problem is all about Medicare. Yet the only solution that Republicans can think of is reducing spending–but not Medicare spending. Of course, this shouldn’t surprise us; Mitch McConnell gave us this, after all:*”
(Via The Baseline Scenario.)
A picture is worth a thousand words.