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is that the real worry hi everybody i m dagen mcdowell, this is bulls & bears. the bulls and baser this week gary b. smith, jonas max ferris, john layfield and chuck rocha. welcome to everybody. gary b., are these democrats worrying about the wrong thing? well they re worried about 1.5 trillion to the deficit which i disagree with but here is the problem. the debt is forecasted to be over the next few years $88 trillion. it s inescapable and here is why $0.92 of every dollar the government takes in they spend on entitlement programs, social security medicare and medicaid plus interest, do you know what those are forecast to increase over the next few years social security 62% medicare 73% medicaid 45%, dagen? the problem is not tax cuts. it s not tax revenues. the problem that we have this big entitlement program moving through, increasing increasing over the next 10 years, if you include state and local spending , the government total federal state and local will spend hal
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