The Spectacle Blog

The Debt Problem: Mostly Medicare

By on 10.20.10 | 4:20PM

To follow up on a point in my previous post, this New York Times chart illustrates the spending problem facing the U.S. The short-term deficits are indicative of overspending, but by far the biggest factor in a future sovereign debt crisis would be the projected uncontrolled growth of entitlement spending: 

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