Everyone wants to raise #1, but no one (on The Left) wants to talk about #2. That is, at some point Uncle Sam needs to put the brakes on overspending and reel things in. Unfortunately, spending effectively buys votes.
Friendly reminder: Interest on the debt is the fourth largest Fed budget expense. Number 3 is the DoD. Plenty promote the idea that the size of the debt doesn't matter. And perhaps it doesn't. But the interest on the debt? That's a different story. While that might not solve the issue with SS it's a fiscal step in the right direction.
The Fed gov's budget issues has two faces
1 - Revenue (taxes) 2 - Expenses
Everyone wants to raise #1, but no one (on The Left) wants to talk about #2. That is, at some point Uncle Sam needs to put the brakes on overspending and reel things in. Unfortunately, spending effectively buys votes.
Friendly reminder: Interest on the debt is the fourth largest Fed budget expense. Number 3 is the DoD. Plenty promote the idea that the size of the debt doesn't matter. And perhaps it doesn't. But the interest on the debt? That's a different story. While that might not solve the issue with SS it's a fiscal step in the right direction.