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Politics : Formerly About Advanced Micro Devices
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To: Bonefish who wrote (1501295)11/13/2024 2:00:48 PM
From: Tenchusatsu2 Recommendations

Recommended By
Brumar89
Eric

  Read Replies (2) of 1570674
 
Take a look at this:

fiscaldata.treasury.gov



Roughly 48% of our budget is taken up by Social Security, Medicare, and net interest. Not even the Orange Wrecking Ball can make a dent in that.

14% goes toward health (separate from Medicare, apparently), and 10% toward "income security." Maybe there's some fat to be trimmed there, but that depends on Trump's "concept of a plan" when it comes to replacing ObamaCare.

Other areas of spending represents pennies on the dollar. Not sure how much any of those can be streamlined, or how much impact that will have on the budget.

Bottom line is that we're not yet bankrupt, but we're certainly headed in that direction without some drastic changes.

Tenchusatsu
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