Heritage "A health care crisis and an entitlement crisis":
USA Today's Dennis Cauchon wrote an insightful front-page story today showing that the cost of government benefits for seniors reached $27,289 per senior in 2007. Social Security, Medicare and Medicaid benefits continue to grow much faster than inflation, and as 77 million baby boomers reach retirement in the coming decades, the taxpayer costs of these programs will be enormous. The article highlights the fact that these programs are unsustainable in their current form and that we are on the leading edge of a large intergenerational transfer of wealth from younger workers to retirees.It's depressing that this issue is ignored year after year. If we took an incremental approach to reform, there would be less pain in the long run. Instead Washington seems resigned to a full-blown train wreck when entitlement costs consume almost the entire federal budget.
Can you see the problem here?
It's not like looking for Waldo.
Extra - FISA, schmisa, what's the next super-important thing for Congress to investigate?