[Theoria]

[kabar]

SS and Medicare need to be reformed. They are both running in the red, i.e., benefit payments exceed revenue. The shortfall is made up by the cashing of non-market, interest bearing T-bills held in the trust funds using General Fund money. SS will exhaust their trust fund in 2034 and Medicare in 2026. By law, that will trigger an automatic reduction in benefits to equal revenue. That translates to a 20% reduction in benefits.

That said, Trump was smart not to advocate entitlement reform. Unless the Dems join the Reps in this effort, it makes no sense politically to take the lead. It just allows the Dems to again portray the Reps as wanting to push granny over the cliff. Kudlow made a huge mistake, which the Dems will use in the midterms.

[Honest Nigerian]

*** Theoria
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After looking at that graph you posted I am guessing that at some point I will be moving in with my adult kids, unless they move in with me first. Well, thank the Lord - it will be a blessing.
We don’t want to be dependent on the gub’mint to take care of us. They (gub’mint) doesn’t have my, or your, interests as a priority.