Entitlements

This year, more than two-thirds of all federal spending will go toward automatic, mandatory programs and interest payments that are non-negotiable in the federal budget.

Three of these programs—Medicare, Medicaid and Social Security—are on a path to bankruptcy and will consume a greater share of the federal budget with each passing year.

Without reform, these automatic spending programs—the main drivers of runaway federal debt—represent the greatest threat to the economic future of our country.

Something must be done now.

There are many places to start. For instance, auditors identified $125 billion in improper overpayments within entitlement programs in 2014 alone. Congress must eliminate this waste.

But that’s just a start. Politicians must find other places to act, and fast. Failure to do so will hamstring the economy—and harm the American people—for generations to come.


Apr 19, 2018

The Real Driver Behind Growing Deficits: Entitlement Spending

America’s national deficit crisis is not going away, and as the Cato Institute’s Michael Tanner pointed out on National Review Online, entitlement spending is a major factor behind the impending…

Read More

Mar 16, 2017

White House Budget Proposal Step in the Right Direction

Arlington, VA — The White House today released its budget proposal for Fiscal Year 2018. In it, the administration outlines its plan to rein in an ever-expanding federal bureaucracy, reduce out-of…

Read More

Dec 22, 2016

Obama Poised to Preside Over Slowest Economic Growth Since Eisenhower

Today, the U.S. Department of Commerce released its third and final estimate of gross domestic product (GDP) for the third quarter of 2016, announcing that the U.S. economy expanded at…

Read More

Nov 29, 2016

Despite Strong Quarterly Growth, Economy Continues to Struggle

Today, the U.S. Department of Commerce released its second estimate of gross domestic product (GDP) for the third quarter of 2016, announcing that the U.S. economy expanded at an annualized…

Read More