From the report:
"But Sen. Kent Conrad of North Dakota, top Democrat on the Senate Budget Committee, said the report increased the need for Bush to come up with a long-range plan to get the economy back on track. With baby boomers nearing retirement and the Social Security surplus, now used to offset part of the deficit, running dry, a deficit "of this magnitude coming at this time fundamentally threatens the long-term economic security of this country," he said."
Not good news at all. The budget deficit must somehow be brought back under control. In my opinion, we are screwing our own future and that of our children if concrete steps are not taken to address this issue.