We're going broke

The Hill: "CBO says US deficit levels are unsustainable."

Washington’s failure to contain entitlement spending is biting into the nation’s long-term fiscal outlook, the Congressional Budget Office warned in a Tuesday report that found the nation’s debt would jump to 106 percent of gross domestic product (GDP) in 2039.
The CBO said the rising costs of entitlement programs like Medicare and Social Security as the U.S. population continues to age are the drivers of U.S. debt.

The new year of bankruptcy for Social Security is 2030, if you're keeping score.  Sucks for you if you were born in the late 1960s or beyond....hey, wait!

Extra - From Q&O.