Question: Projected future expenditures on entitlement programs such as Social Security and Medicare are expected to lead to increasingly large federal budget deficits in future decades.
Projected future expenditures on entitlement programs such as Social Security and Medicare are expected to lead to increasingly large federal budget deficits in future decades. Factors behind this trend include
Increasing life expectancy
An unusual sense of entitlement among baby boomers
Increasingly generous benefits
A growing proportion of retirees to workers
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