NON discretionary Transfer Payments is 3/4 of the Federal budget.
$100 B. to Criminals in Ukraine pales in comparison to all of the spending on auto-pilot.
There is no SS “Trust Fund”, It’s been spent.
So, devalue, inflate, then War, then confiscate Gold, then issue the “New” currency.
(Why do you think Billy bought all that farmland?)
It’s not like they haven’t done this to the people before.
The MSM contributes billions and billions of $ in free campaign advertising to the Democrats, and they are never held accountable, despite using public airwaves to do so.
“ NON discretionary Transfer Payments is 3/4 of the Federal budget.”
The ENTIRE federal Bridget is transfer payments. The transfer tax dollars or borrowed money or fee-printed money , to interests that Congress decides on. Billions for foreign aid is one of the transfers. Trillions for weapons manufacturers and military bases in at-peace countries all around the world , is another. A multi-trillion dollar defense budget and we couldn’t stop 12 Saudi hijacker’s with box cutters
But there’s no money for Americas Elderly. Social Security must be cut
One reason I voted for Trump is he rejected this GOP stupidity. He said the NATO countries that fully fund their own Social Security and Medical programs shouldn’t be susidized by US taxpayers footing the bill for NATO while having to cut their own Social Security. For taking this position, Trump got ousted by the Deep State including the GOPe
I agree with your premise that we spend too much and that non-discretionary transfer payments is the big chunk we need to reduce. But it's incorrect to say that there's no SS trust fund.
The SS Administration does have an account. Until recently it was the #1 holder of U.S. debt (treasuries). I know, I know. We hear all the time that China owns the most debt. Yes, China is the #1 foreign owner of U.S. debt (though they every now and then swap places with Japan). The last I checked the SS Admin is the #2 overall treasury holder, with the Federal Reserve now being the #1 holder (increasing their balance sheet with QE).
In fact, an argument could be made that SS artificially inflates the price of treasuries by being such a demand for treasuries. By law, the SS Admin can't invest the fund in anything except one investment type: U.S. treasuries. The return on treasuries was their only hope in keeping up with larger and larger payouts to seniors living longer and longer while we have less and less babies put into the work force all while the gubment incentivizes people to avoid work (and not contribute to SS). That return on treasuries has fallen bigly as the Federal Reserve kept rates low.