Neither the Republican side OR the Democrat side are serious about reducing the deficit. The Republicans will not give an inch on reducing defense spending, which must shrink considerably to allow this to happen. As well, the Democrats will not give an inch on entitlements, which must also shrink considerably.
Oh well, both will shrink when the economy finally collapses.
And Baby Boomers think their Social Security is secure? They had better be wary. The generations that follow have already given up on this entitlement. Boomer Social Security is likely also in jeopardy.