A Debt Crisis Is Coming, and We’re All to Blame

The largest threat to our prosperity is government spending that far exceeds the authority enumerated in Article 1, Section 8 of the Constitution. Federal spending in 2017 will top $4 trillion. Social Security, at $1 trillion, will take up most of it. Medicare ($582 billion) and Medicaid ($404 billion) are the next-largest expenditures. Other federal…

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