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Going for Broke Deficits, Debt, and the Entitlement Crisis [Hardcover]

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Category: Books (Political Science)
Author: Tanner, Michael D.
Author: Tanner, Michael D.
ISBN-10: 1939709741
ISBN-10: 1939709741
ISBN-13: 9781939709745
ISBN-13: 9781939709745
Publisher: Cato Institute
Publisher: Cato Institute
Pages: 190
Pages: 190
Binding: Hardcover
Binding: Hardcover
Pub Date: 01-Mar-2015
Pub Date: 01-Mar-2015
SKU: 1939709741-11-SPLV
SKU: 1939709741-11-SPLV
Item ID: 101295884
List Price: $18.95

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Our growing national debt has dropped out of the headlines recently—but that doesn’t mean that the problem has gone away. The national debt recently topped $17.5 trillion, and is projected to reach $27 trillion by 2024. Worse yet, if you include the unfunded liabilities of Social Security and Medicare, the U.S. real indebtedness exceeds $83 trillion. Despite these undeniable facts, politicians from both parties continue to avoid making the difficult decisions that must be made.

Social Security, Medicare, and Medicaid alone account for 48 percent of federal spending today, a portion that will only increase more rapidly with the newest entitlement program, Obamacare. The truth is that there is no way to address America’s debt problem without reforming entitlements.

Going for Broke provides a critical, in-depth analysis of these entitlement programs and lays out much needed solutions for real reform.TABLE OF CONTENTS

The Coming Financial Crisis: It's Worse than You Think
Is the U.S. Becoming Greece?
The Debt Deniers
It's About Entitlements. Stupid
Social Security: Facing Up to Ponzi
Medicare: The 800 Pound Gorilla
Medicaid: Strike Two for Government Health Care
Obamacare: Little Bang, Lots of Bucks
Running Out of Other People's Money