Episode 58: Federal Spending Is Out of Control
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The Price of Irresponsibility
The U.S. government is printing money to pay for its deficit spending, says Julian Zelizer. In 20 years, the federal debt will be 10 times the government's annual income, he says. The Social Security Board of Trustees anticipates that Social Security will be insolvent in a decade or two. "I think it does us well to tell people what's likely to happen in the years to come"
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