Social spending cap proposed to control deficit spending before boomers retire

"Serious budget process reform is necessary. Federal spending has leaped 45 percent since 2001 to a peacetime record of $23,760 per household. Even worse, the impending retirement of 77 million baby boomers threatens to push Social Security, Medicare, and Medicaid spending to levels that would require European-size tax increases or the elimination of all other government programs." "The Stop Over-Spending Act: A Real Opportunity to Limit Spending" The Heritage Foundation