The alarm is sounding once again on federal spending, and few in Congress are paying attention serious problems that America faces if it doesn’t get the nation’s finances into order.

It is no secret that Social Security and Medicare will soon be insolvent. The updated Social Security and Medicare Trustees Report released earlier this month has confirmed that insolvency is still imminent, and will come even sooner than anticipated.

Fiscal conservatives rightly opposed the Bipartisan Budget Act, H.R. 1892, because it blew through the spending caps by nearly $300 billion over two years and set the tone for more long-term spending by increasing the baseline at which Congress will budget. Still, this two-year budget deal only covers discretionary spending for FY 2018 and FY 2019 and doesn't touch mandatory spending, which includes programs like Medicare and Social Security whose funding runs on autopilot.

Deficit spending by the federal government is growing almost as fast as the waistline of average Americans according to recent data. While it is no secret that obesity rates in the country have been on the rise, new information reveals the obesity epidemic is reaching unprecedented proportions. Nearly two-thirds of adults and one-third of children are considered overweight or obese, and that number is projected to rise dramatically in the near future.

The growth of America’s government may soon be outpaced by growth of the average waistline new indicators reveal. Rates of obesity have been increasing over the past several decades, but are now reaching some incredible levels. Currently it's estimated that well over one-third of adults are classified as obese and nearly two-thirds are classified as overweight. Perhaps more distressing is the recent discovery that one in six children are suffering from obesity.

Last week, the White House unveiled its budget proposal for FY 2018. The proposal has been received coldly by most in Congress, including many Republicans. The budget isn't perfect, but it does begin to bend federal spending slightly downward over the next ten years, creating a $16 billion surplus in FY 2027. The biggest criticism from policy wonks is that the budget relies on 3 percent economic growth, in part, to balance the budget. The increased economic activity would increase revenue to the federal government.

So-called "progressives" are absolutely losing their collective minds about proposed spending cuts that the incoming Trump administration is planning. The Hill reported Thursday that the administration, which will take power today at noon, has a blueprint that calls for $10.5 trillion in spending reductions over the next ten years.

The Congressional Budget Office (CBO) released a report last month projecting an increase in the federal budget deficit relative to the gross domestic product (GDP) for the first time since 2009. The deficit for this year is now expected to be $590 billion. As a percentage of GDP, that is 3.2% compared to last year’s 2.5%. It is not good news when the deficit is growing faster than the economy, which is currently growing at 1.4%.

Today marks the 50th Anniversary of Medicare and Medicaid, which were signed into law on July 30, 1965 by President Lyndon Johnson. These programs, along with Social Security, are collectively referred to as entitlement programs and are taking up a growing proportion of the annual budget. This problem is overshadowed by an even larger danger for Medicare and Social Security: their trust funds are about to dry up.