If no change is made in the federal government's present course of spending, the national debt will continue to grow. At some point there will be no solution but "painful benefit cuts and steep tax increases [...]. Doing nothing to avoid such a gut-wrenching outcome, knowing full well that it could occur, would be an act of fiscal and generational irresponsibility." http://www.concordcoalition.org/events/fiscal-wake-up/fiscal-wake-up-call.htm.

The Concord Coalition has further noted:
Beyond fiscal imbalance, the policies embedded in today's budget threaten to place ever-tighter constraints on the ability of future citizens and policy makers to determine their own fiscal priorities. The share of federal resources pledged to aging baby boomers and the generations immediately preceding them is growing, leaving shrinking amounts for all other purposes.

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Pay As You Go