Yea for offloading debt to my kids.

Here's an absolute stunner related by Alan Simpson and Erskine Bowles, co-chairs of Obama's debt and deficit commission, to the National Governors Association last Sunday: Every dime of current federal revenue is consumed by three entitlement programs: Social Security, Medicare and Medicaid. That means all other federal programs, including the military, education and innumerable others, are being paid 100 percent by borrowing.

http://www.deseretnews.com/article/700048741/In-budget-battle-which-side-is-right.html

I've always known that Medicare, Social Security, and Medicaid were monsters. I guess I wasn't really aware of how much of the federal budget they really consume.  You have to wonder how long the US can keep borrowing money until something collapses.