A huge swath of the spending is social security and healthcare for elderly Americans.
Good luck cutting those expenditures.(I’m against hurting the elderly BTW.) So massive cuts for old timers is a non starter.
The unemployment benefits and PPP loans are temporary.(so far)
When those cash infusions run out, individuals and businesses will have to “sink or swim.”
Many of them will drown.
Why are they paying me 3 times in social security payments over what I paid in, counting for inflation? I began collecting at 62, now at 81 still healthy as a race horse and could easily outlive my 103 year old mother.
SS paid for my 2 under 18 age kids for many years, more than my monthly check. Why?