What will our children have?
By the time today’s newborns graduate from high school, entitlement spending plus interest in the United States will consume all taxes, according to a recent report from the Heritage Foundation. Major entitlements currently comprise over 50% of the budget, and by 2033 the costs of these programs will totally eclipse the tax revenue generated by the entire country. The problem isn’t necessarily the programs themselves. Americans have paid into Social Security and Medicare for