2025 Deficit comes in at 1.97 Trillion. This Is Way Out of Hand

[leftwinger]

Yes. Nestor was alive and paid into S.S. for 19 years. He was deported for being a communist (and his benefits terminated) and the court said "Tough s**t". He claimed they were property. The court said they were not.


Oh...I know. It's disgusting what people get for welfare. I've been watching videos of people talking about SNAP.


My guess is that it would be a combination of things.

But if they borrow, the people who are not retired are going to be saddled with that addition to the deficit.

As I said.....sooner or later the whole system crashes. This would just accelerate that.


First, you lift the cap....at least partially to get more revenue.

Next is means testing. 1 million.....? Probably not. 5 million.....probably. There would likely be crappy formulas.

I think we start lifting the cap now.

Then we hammer people (including the elderly) for fraud.

Then we stop paying out other stuff. The whole actuarial system assumed a certain number of people wouold never get it. That was the basis for the taxes. Now, congress says that if you paid in and die, your wife and kids get your benefits. That's not built in....hence the deficit in SS.

Finally, you should understand that S.S. was supposed to help the poor. It doesn't. If they made low money, they get low benefits. If you made very good money (and probably saved some) you get the max allowable. Seems a little off to me.

So Nestor was a criminal combatant? Hmmmm...maybe a retry with Grandma Greene from Wichita. Clean record?

If anything is a contract it's SS it would seem? Sect#8 for some but not for other homeless? Gut that first? I guess it's complicated by being its own fund. What goes in-out is a moving target.

 

[multivita-man]

Well.....this is great news.

The 2025 deficit was 1.97 trillion. Total revenue was 4.69 trillion which means our deficit was 42% of total revenue and 29.5% of total spending.

I don't have an actual figure, but you can count on 1 trillion of spending on debt servicing alone. 1 FREAKING TRILLION.

In 2024 the deficit was 1.83 trillion.

AND NOBODY CARES (in government).

This is beyond reprehensible.

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Total debt is 37.3 trillion. We'll be over 40 before Trump leaves.

We are selling our kids down the river.

But DEMOCRATS!!!

 

[HikerGuy83]

So Nestor was a criminal combatant? Hmmmm...maybe a retry with Grandma Greene from Wichita. Clean record?

The principle that was defined was that nobody could claim S.S. as a contract obligation.

One justice dissented and said that should not be the case, but he was by himself.

Granny would lose just the same.

 

[HikerGuy83]

If anything is a co teact its SS it would seem. Sect#8 for some but not for other homeless? Gut that first? I guess it's complicated by being its own fund. What goes in-out is a moving target.

Nobody wants to touch it because it scares old people.

And old people vote.

Claude Pepper used to say that it would be the end of any politician who touched it.

Well, Claude was around when it was flush with cash and Johnson actually increased benefits just to keep the trust fund from getting "too large". Most of those increases went to well-off folks (not what was intended). And now, it's gotta be touched. So does the rest of the federal budget.

The deficit isn't just due to SS

 

[Couchpotato]

It would have to be phased out. Nobody (like me) who has a lot of money contributed to the system isn't going to expect it back.

There would have to be a cutoff date. IE born after XX date and you are not eligible for SS. That said they would have to collect SS until everyone on the program died off. But none of that is ever going to happen so.

 

[HikerGuy83]

There would have to be a cutoff date. IE born after XX date and you are not eligible for SS. That said they would have to collect SS until everyone on the program died off. But none of that is ever going to happen so.

There are ways to make it happen. But it would take decades. Several decades. And someone will pay more during the transition.

I like the idea of "personalizing" it. Not privatizing. Big difference.

 

[Couchpotato]

There are ways to make it happen. But it would take decades. Several decades. And someone will pay more during the transition.

I like the idea of "personalizing" it. Not privatizing. Big difference.

There are ways for it to happen but it never will. That's the problem with entitlement programs. Once they are given you cant ever take them away.

 

[HikerGuy83]

There are ways for it to happen but it never will. That's the problem with entitlement programs. Once they are given you cant ever take them away.

But it really isn't an entitlement program......

People who draw, generally....and I emphasize that word, have put in. Have they gotten what they put in.....sometimes yes, sometimes no. And the program has added beneficiaries tied to those who put in.....which is one reason it is in deficit (but not the only one).

 

[JoeB131]

Like I said, you have to start somewhere. Why is that so hard for your ilk to understand?

I think it's more the part of "Nothing bug menial jobs" if the One Percenters have their way.

The One Percenters love them some fascism, so they love Trump.

 

[1srelluc]

I think it's more the part of "Nothing bug menial jobs" if the One Percenters have their way.

The One Percenters love them some fascism, so they love Trump.

So you don't want folks to have decent steady jobs that they can improve their lot in and would much prefer to push the vile dem agenda for them to stay home and suck off the producers of the country?

WTF is wrong with you?

Sigh, then again it's what I've come to expect from vile dems, you in particular.

 

[EMH]

The consequences of Fox News and the subsequent transition of the GOP into the party of Zionist Fascism during W.

W, of course, with a GOP House and Senate, became the #1 biggest spending Prez ever, only to be eclipsed by homO.


The fiscal discipline the GOP showed in the 1990s under Newt Gingrich is 100% rejected by Zionist Fascists. This is in large part because Pro Israel Christians do not understand basic math, and hence don't care when the issue is "numbers."


So if you are a "Pro Israel RINO," take a bow, the US Federal Debt is 100% on you.

And yes, 1srelluc, that includes "Republicans" who VOTED FOR SPANBERGER.

 

[JoeB131]

Most people did not live to 60 when Social Security was enacted. Social Security was intended for those who beat the odds. There were no exceptions made for manual laborers, and manual labor was far more difficult back then.

There are allowances for early retirement in the Social Security act, starting at age 62.

Only 5.4% of the population was over the age of 65 in 1935.

By 1965, when Medicaid was enacted, that figure was 9%.

Today, it's 16%.

This is blazenly clear a trend which cannot be sustained.

We must raise the age to 70.

.

I'd have no problem with that, if you strictly enforced age discrimination laws.

But try applying for jobs in your 60s, it's not easy once they figure out how old you are.

 

[Hafar1014]

Tariffs can pay it off before Trumps term ends

 

[1srelluc]

I'd have no problem with that, if you strictly enforced age discrimination laws.

But try applying for jobs in your 60s, it's not easy once they figure out how old you are.

If you are still applying for jobs in your 60s you did not do life right.

 

[Hafar1014]

The consequences of Fox News and the subsequent transition of the GOP into the party of Zionist Fascism during W.

W, of course, with a GOP House and Senate, became the #1 biggest spending Prez ever, only to be eclipsed by homO.


The fiscal discipline the GOP showed in the 1990s under Newt Gingrich is 100% rejected by Zionist Fascists. This is in large part because Pro Israel Christians do not understand basic math, and hence don't care when the issue is "numbers."


So if you are a "Pro Israel RINO," take a bow, the US Federal Debt is 100% on you.

And yes, 1srelluc, that includes "Republicans" who VOTED FOR SPANBERGER.

Trump is cutting spending and the tariffs can pay off the deficit before his term ends. At the same time democrats want to spend trillions for illegals. Good luck getting elected with that kind of baggage.

 

[Couchpotato]

Tariffs can pay it off before Trumps term ends

 

[Couchpotato]

Trump is cutting spending and the tariffs can pay off the deficit before his term ends. At the same time democrats want to spend trillions for illegals. Good luck getting elected with that kind of baggage.

Trump’s proposed budget did not cut spending.

It cut discretionary spending by 165 billion but increased defense spending by 13% or 120 billion. It also increases DHS 65%.

 

[Hafar1014]

Trump’s proposed budget did not cut spending.

It cut discretionary spending by 165 billion but increased defense spending by 13% or 120 billion. It also increases DHS 65%.

Its still the Biden economy the cuts come next. Its democrats who are increasing spending now. 1.5 trillion for illegals.

 

[JoeB131]

If you are still applying for jobs in your 60s you did not do life right.

Um, yeah, first, **** off.

Secondly, I just found out about a former coworker of mine, worked for a company for 36 years. Got let go because the Private Equity Fund decided to do another round of downsizing.

We didn't do life right. We kept voting in Republicans, who kept letting the One Percenters **** the working class. Which you are fine with, you like being a house slave, I guess. The rest of us, not so much.

 

[JoeB131]

Its still the Biden economy the cuts come next. Its democrats who are increasing spending now. 1.5 trillion for illegals.

nope, you are losing your ass on the shutdown because Bubba and Billy-Bob are realizing that it's their health care you are trying to cut.