Talk of The Villages Florida - View Single Post - U.S. Ratings Downgrade by Fitch
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Old 08-04-2023, 07:50 AM
Caymus Caymus is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
# 1 spending is Social Security
#2 is medicare. . .

but its not the spending, its the funding from payrolls which need to be increased.
you can't expect a rate from the 70s with an average life expectancy much lass than today, to pay benefits for the increase in the life expectancy of today. .

There are many spending and funding ways to keep these and to reduce fraud but it doesn't garner votes amongst the large working class population

so good luck to us!
At the moment, aren't those running surpluses including the trust fund? The deficit spending and negative credit rating is from other outlays.