is america really going broke?, page-7

In a nutshell, if the US stays on their current course, Medicare and Social Security payouts will cause the US to become bankrupt. They have two options: increase taxes or decrease entitlements. Both of which are toxic politically.

IMO its hard to say exactly what will happen in the future because there are so many unknown variables: interest rates, GDP growth, military conflicts, recessions and what the US government will or won't do. For instance will they scrap the current medicare system.