Karl Rove spoke at AEI yesterday on the subject of the economy, taxes, and spending. He managed to devote a considerable amount of time (taking into account the current political atmosphere) to entitlements and entitlement reform.
What does one gather from his remarks?
The President is still committed to fixing our looming entitlement issues.
And while the topic of entitlements is beyond the scope of my prepared remarks this morning, I will point out that no president has made a more concerted or determined effort to reform Social Security, our nation's largest entitlement. The president encountered enormous resistance to what were bold but practical reforms.
I believe there will be a price to pay for the political intransigence which some showed to this reform agenda. But President Bush will continue to keep entitlement reform front and center on the nation's political agenda.
If you would like to watch it, there is a video recording over at AEI (Video) and a transcript at RealClearPolitics (Transcript)
Be sure not to miss the Question and Answer session after the speech.