Gallup: “Two out of three Americans (67%) believe Social Security and Medicare costs are already creating a crisis for the federal government (34%) or will do so within 10 years (33%). The vast majority believe the programs will create a crisis at some point, with 7% believing the programs’ costs will not create a crisis for the foreseeable future…Because Medicare, Medicaid, and Social Security make up a huge portion of the federal budget, it will be difficult to significantly reduce the deficit without addressing their costs. High healthcare inflation and a growing number of senior citizens in the population have helped increase costs. Americans largely seem to recognize that the costs of these programs are going to have a significant impact on federal spending and on the government’s ability to address other priorities within the next decade.”
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