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portada Going for Broke: Deficits, Debt, and the Entitlement Crisis
Type
Physical Book
Author
Publisher
Language
English
Pages
190
Format
Paperback
Dimensions
23.6x16x2 cm
Weight
0.45 kg.
ISBN13
9781939709745
Categories

Going for Broke: Deficits, Debt, and the Entitlement Crisis

Michael D. Tanner (Author) · Cato Institute · Paperback

Going for Broke: Deficits, Debt, and the Entitlement Crisis - Tanner, Michael D.

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Synopsis "Going for Broke: Deficits, Debt, and the Entitlement Crisis"

Our growing national debt has dropped out of the headlines recently--but that doesn't mean that the problem has gone away. The national debt recently topped $17.5 trillion, and is projected to reach $27 trillion by 2024. Worse yet, if you include the unfunded liabilities of Social Security and Medicare, the U.S. real indebtedness exceeds $83 trillion. Despite these undeniable facts, politicians from both parties continue to avoid making the difficult decisions that must be made. Social Security, Medicare, and Medicaid alone account for 48 percent of federal spending today, a portion that will only increase more rapidly with the newest entitlement program, Obamacare. The truth is that there is no way to address America's debt problem without reforming entitlements. Going for Broke provides a critical, in-depth analysis of these entitlement programs and lays out much needed solutions for real reform.

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