Wanted: Straight Talk About Entitlements

Bob Dole may be 73, but he certainly knows how to liven up an election campaign. What was fast becoming a stuporous political exercise just weeks ago could now turn into an exciting debate on economic growth, prosperity, and how to achieve them. By framing his Presidential campaign in terms of tax cuts and trust--here are 15% cuts in income taxes, and trust me to find a way to pay for them--Dole promises to leave more money on the kitchen tables of anxious American households and balance the budget to boot. We like that idea, because if Dole is serious about tax and budget reform, he must force the nation to get serious about entitlement reform.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.