April 15, 2005
Today is the day we officially render unto Caesar with our taxes.
How wonderful it would be if Congress rendered unto us responsible spending and a sound budget.
I met yesterday with senator Judd Gregg, the chairman of the budget committee.
He'll be on my Fox show tomorrow night.
Senator Greg showed me charts that depict what will happen to Social Security if we don't fix it: too many people retiring and not enough following to pay the bills by the year 2015, he said, entitlements and other mandated spending will account for 64 percent of the budget with the deficit and the debt soaring beyond anything anyone has ever seen.
And republicans are in charge of this!
Did you know the total amount of taxes collected by the American government in our history is $38 trillion?
The current net worth of Americans is $47 trillion.
But if nothing is done to reform Social Security, Medicare and Medicaid and other entitlements aren't reduced, the estimated cost of it all will be $84 trillion.
That must not be allowed to happen.
Think of that as you pay your taxes.
And write your senators and congressman.
I'm Cal Thomas in Washington.
Cal Thomas is a nationally syndicated columnist based in Washington, D.C. Watch his television show, After Hours with Cal Thomas, on the Fox News Channel, Saturdays at 11 p.m. Eastern Time.