Safety net programs, Medicare, Medicaid & Social Security now = 55% of spending vs. 38% in '87 and 16% in '62 (pre-M'care).

And notice that spending on federal debt interest dropped by half since '87 (thanks, Fed!). If interest rates spike, we're in big, big trouble.

If we're going to live longer (we are) & receive more care & benefits while we do (we are) we are ALL going to have to pay more. Period.

Public pension debt may be as high as $4 TRILLION. That's 100% of all state & local tax collection for 2 years