Going for Broke

Originally posted June 16, 2015.

America has a big problem—our country’s growing national debt.

Social Security, Medicare, and Medicaid alone account for roughly half of federal spending today, a portion that will only grow larger in the future and increase more rapidly with the government’s newest entitlement program — Obamacare. The simple truth is that there is no way to address America’s debt problem without reforming entitlements.

Politicians from both parties are loath to address or even talk seriously about reforming these entitlement programs. But in his latest book, the Cato Institute’s Michael Tanner offers detailed, critical analysis of this growing problem and provides sensible solutions for real reform. To understand the magnitude this crisis has on the U.S. economy, read Michael’s Going for Broke: Deficits, Debt, and the Entitlement Crisis.

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Debbie Young
Debbie, our chief political writer of Richardcyoung.com, is also our chief domestic affairs writer, a contributing writer on Eastern Europe and Paris and Burgundy, France. She has been associate editor of Dick Young’s investment strategy reports for over five decades. Debbie lives in Key West, Florida, and Newport, Rhode Island, and travels extensively in Paris and Burgundy, France, cooking on her AGA Cooker, driving through Vermont and Maine, and practicing yoga. Debbie has completed the 200-hour Krama Yoga teacher training program taught by Master Instructor Ruslan Kleytman. Debbie is a strong supporting member of the NRA.