Thursday, October 21, 2010

The American Spectator : AmSpecBlog : The Debt Problem: Mostly Medicare

The Debt Problem: Mostly Medicare:

To follow up on a point in my previous post, this New York Times chart illustrates the spending problem facing the U.S. The short-term deficits are indicative of overspending, but by far the biggest factor in a future sovereign debt crisis would be the projected uncontrolled growth of entitlement spending:"

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