WASHINGTON, D.C. — FreedomWorks Foundation today releases its booklet, Entitlement Reform: A Growing National Emergency, in response to the record $22 trillion national debt, with mandatory entitlement spending and interest on the debt being the primary drivers. Congressional Democrats continue to pay no heed to the problem, as evidenced by their repeated proposals to expand entitlement programs.
Adam Brandon, FreedomWorks President, commented:
“By 2028, we will spend more annually on financing our massive national debt than we do on our entire defense budget. This is unacceptable, especially considering that the national debt also simultaneously poses the single largest threat to our national security. This is the security threat we need to be fighting, and it cannot be done without reforming entitlements. This booklet discusses these problems in depth and identifies solutions that will ensure economic opportunity and prosperity for the next generation of Americans, rather than a European-style debt crisis that will cripple our economy.”
The booklet features pieces from more than a dozen thought leaders in the field of entitlement and budget policy, including Sens. Mike Lee (R-Utah), Rand Paul (R-Ky.), Pat Toomey (R-Pa.), Rep. Kevin Brady (R-Texas), and former Sen. Jim Demint (R-S.C.).