The EPA, IRS, and HHS are acting like the KGB. Nobody notices. The regime is acting like it is the only branch of government. A few people notice. It is entirely possible the regime is setting itself so they can impose martial law. People scoff when it is mentioned. WHAT NOBODY CAN DENY IS OUR COUNTRY IS GOING BROKE.
Our debt is in excess of $17.5 Trillion dollars and growing. Nobody but nobody is willing to talk about the greatest cause of this enormous burden; entitlement programs. They just keep growing and growing. Medical costs assumed by the government will bury us. The porous borders allow debt through welfare programs to swim across the border. The Marxist/Progressives enslave citizens of this country by making them government reliant and the debt keeps growing. The CBO noticed.
Congress’s nonpartisan budget watchdog warned Tuesday that U.S. entitlement programs would drive the country’s debt to unsustainable levels in the coming years.
The federal debt is now 74 percent of the nation's gross domestic product (GDP), the Congressional Budget Office (CBO) said in its latest long-term budget outlook, a product of the outsized budget deficits the U.S. recorded following the 2008 fiscal crash.
That figure is already twice the debt level held in 2008, and matched in U.S. history only by a brief span after World War II. But CBO also projects that the public's share of debt will increase to 106 percent of GDP in 2039, driven by increased spending on healthcare programs like Medicare and on Social Security.
“Debt would be on an upward path relative to the size of the economy, a trend that could not be sustained indefinitely,” the CBO’s report said.
The projections are broadly similar to 2013, suggesting that the budget battles between Obama and the House GOP that led to a government shutdown last October and an eventual budget deal had little effect on the broader deficit outlook. Democrats and Republicans have also battled for years over how to best preserve entitlement programs.
Last year, the CBO said the debt amounted to 73 percent of GDP and projected that it would rise to 102 percent in the next quarter-century.