Target The Sacred Cow Of Entitlements
The budget battles of the past decade have taught Washington's politicians one thing: Cutting entitlement spending can be hazardous to your political health. The upshot has been that entitlements--benefits to which you are entitled because you belong to a particular group--now consume almost half of all federal spending. Social Security, medicare, medicaid, farm supports, veterans' benefits, and other automatic-spending programs are outgrowing the budget and the economy. Within a decade, these transfer programs will eat up 14.2% of America's economic output.
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