5-Minute Videos

How to Solve America's Spending Problem

Economics · National Debt · Captions

About This Video

Everyone complains about America's debt, and rightly so, but how do we get out of it? As Cato's Michael Tanner explains, spending on entitlement programs -- Social Security, Medicare and Medicaid -- has exploded in recent decades. We must slow their growth or they will soon swallow the entire federal budget. In five minutes, learn how America can preserve these programs and get out of debt.

Standards Met in Ohio

  • CWI.9-12.16.lp.aGrades 9th, 10th, 11th, 12thIdentify/define national security.
  • EFL.9-12.14.lp.hGrades 9th, 10th, 11th, 12thIdentify a budget.