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Entitlements gobbling up federal government’s revenue
One party refuses to raise taxes. The other party refuses to restrain the growth in Social Security and federal health programs. During the next decade, the federal government is projected to continue piling up hundreds of billions of dollars of debt, which economists fear will inflict grievous damage on the U.S. economy. But just as alarming, many analysts say, is that the president and lawmakers might not show the political will to either raise taxes or restrain the growth of Social Security or Medicare and Medicaid...Read More