With Congress increasingly unable to resolve budget disputes, federal programs on automatic pilot are consuming ever larger amounts of government resources. The trend helps older Americans, who receive the bulk of Social Security and Medicare benefits, at the expense of younger people. This generational shift draws modest public debate. But it alarms some policy advocates, who say the United States is reducing vital investments in the future.”Entitlements are squeezing out public investments” in education, infrastructure, research and other fields that have nurtured future prosperity, the study said.
Congress paving the way for redefining Baby Boomers.
Tags: Baby Boomers, Free loaders, Social security
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