I like this bit:
To balance the budget by 2015, excluding interest payments on debt, means officials would need to find roughly $240 billion in annual savings, according to commission documents. Panel officials also hope to issue recommendations that would "meaningfully improve" the country's long-term fiscal situation.
Interest payments on the debt, prior to Obama's stellar last 2 years, were around $500 Billion. Nearly on par with Defense spending. Nearly on par with Social Security spending.
And... how do you balance the budget
aside from interest payments on debt? That's asinine. Then you're borrowing (NOT a balanced budget) to pay the "vig" on the national debt, and increasing the debt.
After Obama's last 2 years, our payments on interest are somewhere between $600-750 Billion. So, that means we need to actually find nearly $1 Trillion dollars to ACTUALLY balance the budget.
And that's before the Health Care boondoggle comes into existence.