United Liberty
Chart of the Day: Entitlements to top tax base
Wed, 01/06/2010 - 12:52pm | posted by Jason Pye
As entitlement spending skyrockets over the next few decades, the Heritage Foundation shows us that these “obligations” alone will surpass the tax base in 40 years.
That may seem like a long way off, and I suppose it is, but Congress failing to act on these unfunded liabilities today will cause economic heartache in the future, and unfortunately, no one is showing leadership.
