>>Where Is Our Debt Coming From? Government spending Stupid!
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Entitlements is where our debt is coming from. All those promises made by politicians to keep the mobs happy and continuing to vote for them. Like the bread and circuses for the Roman mobs lead to the downfall of Rome all the entitlements will be the downfall of the United States. Now we are adding Obamacare.
Spending. As Heritage Foundation Senior Policy Analyst Brian Riedl explains, runaway federal spending is where our historic levels of debt are coming from. Watch:
And as Reidl mentions, as fast as spending has been rising this century, thanks to our long term Entitlement obligations, our spending and deficit problems will only get worse: