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10 sats \ 1 reply \ @Undisciplined 7 May 2024 \ parent \ on: US Treasury issues 125 billion dollars worth of new bonds this week econ
There's nothing in the law that currently allows that. As it stands, they will keep paying out the full benefits by running huge deficits.
There are some emerging political frictions along generational lines that make me wonder how long it will be before the Boomers get their entitlements cut, though.
Its only a matter of time before the major bickering starts.
They never seem to be able to accomplish much.
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