Tag Archives: entitlements

Over Next Decade – 53% of All Spending Entitlements and Obamacare

The Congressional Budget Office is offering a bleak picture of the exponential growth of entitlement spending over the next decade, stating that 53% of all federal spending in that time, amounting to $24.9 trillion, will be due to entitlements and … Continue reading

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No Entitlement Reform in Obama’s Second Term

President Barack Obama seemed to reject entitlement reform in his second Inaugural address Monday, even saying Medicare, Medicaid and Social Security “free us to take the risks that make this country great.” “We must make the hard choices to reduce … Continue reading

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US Chamber Says Exploding Debt is Threat to Economy

The chief executive of the U.S. Chamber of Commerce on Thursday said the “exploding national debt” is the greatest threat to the U.S. economy. U.S. Chamber chief Tom Donohue called for Washington to reach a broad deal to rein in … Continue reading

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