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Heads Up!

March 17, 2016 | Weekly Commentary

Presidential politics is the buzz for the media.  But, we have yet to hear one interview question of any of the presidential candidates address the biggest challenge for the incoming President:  “How will you tackle the huge deficit for Social Security, Medicare other mandatory spending programs?”

The reason this is the key challenge is the size of the mandatory spending.  For example, during the next 10 years, mandatory spending is projected to exceed $33 trillion whereas discretionary spending (e.g. defense, education, and environmental budgets) will total only $13 trillion.

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