I’m offended when Social Security and Medicare are labeled entitlements as though I don’t deserve them. I PAY for them, been paying for 50 years! Just give me back the money I’ve paid in and I will be satisfied…
Medicaid, Food Stamps, and such are entitlements.
If the average historical level of tax revenue is extended, spending on Medicare, Medicaid and the Obamacare subsidy program, and Social Security will consume all revenues by 2049. Because entitlement spending is funded on autopilot, no revenue will be left to pay for other government spending, including constitutional functions such as defense.
PERCENTAGE OF GDP