U.S. Suffocating in Debt
With the national debt rapidly approaching the unthinkable $20 trillion plateau (now $17-$18 trillion), how did we ever get to this point and how do we fix it? The Cato Institute’s Michael Tanner says spending on the big three entitlement programs–Social Security, Medicare and Medicaid–are most responsible for the massive debt. And now the onset of the Affordable Care Act, or Obamacare–has exacerbated the problem. So what’s the solution? In the following presentation of Prager University, Tanner tells us how to get out of get and preserve the programs.
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