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Started By
Message
re: Do you believe the government will ever repay its debt?
Posted on 11/2/23 at 2:12 pm to Ten Bears
Posted on 11/2/23 at 2:12 pm to Ten Bears
quote:
That assumes costs stay stagnant. SS and Medicare are expected to double in cost over the next 10 years. Currently just these 2 programs account for $1.8-$2 Trillion per yea
Like another poster said, just balancing the budget would lead to debt reduction as bonds mature.
There is no reason we couldn’t reduce the spending by 1.7T with all the waste we have
1
Posted on 11/2/23 at 2:18 pm to deltaland
Repaying the debt in my opinion won't happen. Why should it. However reducing it to where the interest payments do not equal defense spending would be nice.
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