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neoTall — Welching on debt by-nc

#republicans #shutdown #nationaldebt
Published: 2023-10-25 21:05:08 +0000 UTC; Views: 338; Favourites: 2; Downloads: 0
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Description Welching on Debts.

Once upon a time, Treasury used to include how much money Congress had ripped out of Social Security, the Disability Insurance and Medicare, but now it is hidden. At one point it used to be included as a separate item on the treasurydirect.gov/files/gover…
but now, I can't find it, so it will take someone a lot more patient than I to find it.
The nearest figures I can get are these:
( www.davemanuel.com/how-much-mo… )
"OASI - $2,596,371,000,000
DI - $139,145,000,000
So, that's almost $2.6 trillion for the Old-Age and Survivors Insurance trust fund, plus an additional $140 billion or so for the Disability Insurance trust fund." That was in 2011.

By 2017 it has reached $3,051,000,000,000. This is the real reason Republicans want to bail out of Social Security and Medicare, so they don't have to repay the moneys owed it. Welching on debts is nothing new for Republicans, after all, they have learned a lot from Donald. Trump does it all the time, flees into bankruptcy, 6 times, over- under- values properties. tax avoidance, and any number of other dodges.
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Comments: 2

wgene23 [2023-12-01 16:37:14 +0000 UTC]

👍: 0 ⏩: 1

neoTall In reply to wgene23 [2023-12-02 09:34:14 +0000 UTC]

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