"The most fiscally irresponsible piece of legislation since the 1960s"

Drudge, quoting from the US Comptroller ...

"The prescription drug bill is probably the most fiscally irresponsible piece of legislation since the 1960s," says Walker, "because we promise way more than we can afford to keep." He argues that the federal government would need to have $8 trillion today, invested at treasury rates, to cover the gap between what the program is expected to take in and what it is expected to cost over the next 75 years Ð and that is in addition to more than $20 trillion that will be needed to pay for other parts of Medicare. "We can't afford to keep the promises we've already made, much less to be piling on top of them," he tells Kroft.

Hey, what's a little fiscal recklessness when it comes to a mere "cost of getting HSAs".

"Sixty Minutes" airs the rest of the Comptroller's views on Sunday.

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