the 10 truths of #entitlements13

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ENTITLEMENTS #entitlements13

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Entitlement spending is a growing concern, one not going away anytime soon. Learn more: http://uscham.com/19Jl7yh

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Page 1: The 10 Truths of #Entitlements13

ENTITLEMENTS

#entitlements13

Page 2: The 10 Truths of #Entitlements13

TRUTHNo. 1:Entitlement programs are huge, expensive, and reach into every corner of American life. 

#entitlements13

Page 3: The 10 Truths of #Entitlements13

TRUTHNo. 2:Entitlement programs are not self-funding and are a main driver of deficits. 

#entitlements13

Page 4: The 10 Truths of #Entitlements13

TRUTHNo. 3:Entitlement costs are growing at an alarming rate. 

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Page 5: The 10 Truths of #Entitlements13

TRUTHNo. 4:Longer life expectancies, changing demographics, and soaring costs explain why entitlements as we know them today are unsustainable. 

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Page 6: The 10 Truths of #Entitlements13

TRUTHNo. 5:Not a single major entitlement program is projected to be financially solvent 20 years from now.

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Page 7: The 10 Truths of #Entitlements13

TRUTHNo. 6:The cost to make these programs financially solvent for the next 75 years is almost $40 trillion. 

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Page 8: The 10 Truths of #Entitlements13

TRUTHNo. 7:Mandatory spending, entitlement programs, and interest on the debt are already squeezing out important investments in other essential programs. 

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Page 9: The 10 Truths of #Entitlements13

TRUTHNo. 8:We have nothing to fear from carefully crafted, phased-in adjustments to our entitlement programs. 

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Page 10: The 10 Truths of #Entitlements13

TRUTHNo. 9:We can reform entitlements without baseline cuts and without breaking our commitment to the nation’s seniors, people with disabilities, and the poor. 

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Page 11: The 10 Truths of #Entitlements13

TRUTHNo. 10:The biggest threat imaginable to Medicare or Social Security as we know them will be if we do nothing at all. 

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Page 12: The 10 Truths of #Entitlements13

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