Senate GOP Leader Warns of ‘Looming Entitlement Crisis’ – $495K Per Household

Monday, January 26, 2009
By Josiah Ryan, Staff Writer

Senate Minority Leader Mitch McConnell of Ky. gestures as he answers questions at the National Press Club in Washington, Friday, Jan. 23, 2008. (AP Photo/Pablo Martinez Monsivais)(CNSNews.com) - Americans face a ‘looming entitlement crisis’ in which every American household already shares nearly $500,000 in debt, Senate Minority Leader Mitch McConnell (R-Ky.) said Friday at the National Press Club.

McConnell, who became the most powerful Republican in Washington with the departure of former President Bush on Tuesday, called on Democrats to use their expanded powers to address the entitlements problem.

“The expansion of entitlement spending is a looming crisis that has been overlooked for too long,â€