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How to Solve America’s Spending Problem

Everyone complains about America’s debt, and rightly so, but how do we get out of it? As Cato Institute’s Michael Tanner explains, spending on entitlement programs — Social Security, Medicare and Medicaid — has exploded in recent decades. We must slow their growth or they will soon swallow the entire federal budget. In five minutes, learn how America can preserve these programs and get out of debt.