“Why, so they can have more money to fund the war in Ukraine and start other wars. And continue to fund mass immigration?”
No. It has to be done because benfit payouts are near to exceeding the FICA tax income, causing soc sec to demand treasury make good on its IOUs. Payment for those IOUs cannot come from thin air.
“ . Payment for those IOUs cannot come from thin air.
”
Translation: We can afford to pay for trillions for schooling, welfare, hospitals illegals and hundreds of billions for Zelensky’s wish list. But not for American citizens on Social Security.