Mindless Yes, Austerity No: The Real Budget Problem | Mercatus

This unsustainable spending growth occurs because we continue to increase spending on Social Security, Medicare, Medicaid, and now on the massive expansion of federal health spending embodied in the Affordable Care Act. Growth in these four categories of federal entitlement spending accounts for our whole fiscal imbalance.

via Mindless Yes, Austerity No: The Real Budget Problem | Mercatus.

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