- While Biden and his cronies line their own pockets, ordinary voters will get hit the hardest by Democrats’ debt denial.
He followed up by proudly proclaiming, “I will not cut Social Security. I will not cut Medicare, no matter how hard they work at it.”
By claiming he will never reduce Medicare or Social Security spending, Biden is trying to sell the American people a lie — the lie that either program can last without significant changes.
By claiming he will never reduce Medicare or Social Security spending, Biden is trying to sell the American people a lie — the lie that either program can last without significant changes.
- Medicare is already functionally insolvent and faces a cash crunch that will see the program officially unable to pay its bills within six years. That could happen even sooner if an impending recession lowers the amount of payroll taxes going into the program’s trust fund.
- Social Security faces similar solvency issues soon afterward...
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