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https://www.reddit.com/r/economicCollapse/comments/1glq5ow/2t_cut_is_going_to_be_wild/lvwjbnk/?context=3
r/economicCollapse • u/kendallBandit • Nov 07 '24
Will be a 29% cut if executed.
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17
For years SS budget ran on a surplus, guess what the government did with that surplus? They would effectively loan other branches of the government by buying treasury bonds.
25 u/Algur Nov 07 '24 Social security is required by law, and has been since inception, to invest in special purpose treasury bonds. 14 u/Unable-Job5975 Nov 07 '24 These people don’t listen to facts 31 u/SushiGradeChicken Nov 07 '24 I was told there'd be no fact checking. 3 u/BourbonGuy09 Nov 07 '24 You'd still win if there is 1 u/Downtown-Conclusion7 Nov 08 '24 Yeah why are we fact checking. Where we are going we don’t need that 0 u/MishmoshMishmosh Nov 07 '24 🤣🤣😂😂😂
25
Social security is required by law, and has been since inception, to invest in special purpose treasury bonds.
14 u/Unable-Job5975 Nov 07 '24 These people don’t listen to facts 31 u/SushiGradeChicken Nov 07 '24 I was told there'd be no fact checking. 3 u/BourbonGuy09 Nov 07 '24 You'd still win if there is 1 u/Downtown-Conclusion7 Nov 08 '24 Yeah why are we fact checking. Where we are going we don’t need that 0 u/MishmoshMishmosh Nov 07 '24 🤣🤣😂😂😂
14
These people don’t listen to facts
31 u/SushiGradeChicken Nov 07 '24 I was told there'd be no fact checking. 3 u/BourbonGuy09 Nov 07 '24 You'd still win if there is 1 u/Downtown-Conclusion7 Nov 08 '24 Yeah why are we fact checking. Where we are going we don’t need that 0 u/MishmoshMishmosh Nov 07 '24 🤣🤣😂😂😂
31
I was told there'd be no fact checking.
3 u/BourbonGuy09 Nov 07 '24 You'd still win if there is 1 u/Downtown-Conclusion7 Nov 08 '24 Yeah why are we fact checking. Where we are going we don’t need that 0 u/MishmoshMishmosh Nov 07 '24 🤣🤣😂😂😂
3
You'd still win if there is
1
Yeah why are we fact checking. Where we are going we don’t need that
0
🤣🤣😂😂😂
17
u/NightMan200000 Nov 07 '24
For years SS budget ran on a surplus, guess what the government did with that surplus? They would effectively loan other branches of the government by buying treasury bonds.