It’s already insolvent. There is zilch to back up those [supposed] IOUs.
Good news. This sort of problem is what will drive down medical costs.
Yes, it will also reduce what the oldies get, but such a reduction will reduce the amount that the youngies are paying to support the oldies.
SSSsssshhhhhhhhhhh!!!
It has been for decades, but now that we have a Republican in the White House and an election coming up, the media can talk about it again and bring up scare stories about how the GOP will cut off grandma's monthly allowance.
YOU back them up.
That “full faith and credit of the US government” means the good old taxpayers get to pay again.
Suitcase full of IOUs:
https://www.youtube.com/watch?v=7GSXbgfKFWg