At the current rate, in 2025, the government will be spending more on entitlements and interest alone (NOT taking into account government spending on defense, e

At the current rate, in 2025, the government will be spending more on entitlements and interest alone (NOT taking into account government spending on defense, education, etc.) than they have revenue. According to the pessimistic "Alternative Fiscal Scenario" in the 2011 CBO budget forecast estimate, this won't be true until after 2035 (the last year they estimate for). Ms. Meeker decided to use an older 2010 CBO estimates to make her point. Also the CBO makes it clear that it is healthcare spending, not social security, that is causing the vast majority of the trouble. Alas, 64% of the increase is apparently due to baby boomers. If the US government would stop passing the "doc fix", the Extended-Baseline Scenario of the CBO estimates would kick in and we'd be looking at nearly no spending growth past 2014.