healthmyths
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- Sep 19, 2011
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Fiscal Data Explains Federal Spending
Check out @FiscalService Fiscal Data’s new federal spending page! #FederalSpending

According to the above, the Federal government spent in 2022 $1,220,000,000,000 ($1.22 Trillion)
According to SS the COLA (Cost of Living Adjustment) is set at 8.6% for 2023 as Inflation Rises in May 2022.

Social Security COLA Estimate Set at 8.6% for 2023 as Inflation Rises in May
CPI rises to 8.6% over past 12 months, the largest since December 1981. Gasoline up 4.1% from April to May.
So this means in 2023 an additional $104,920,000,000 will be spent strictly on SS.
Why? Because the COLA based on the inflation rate of 8.6%... ALL due to Biden's war on fossil fuels!
Proof that Biden's "I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
And Biden's ...
No more drilling on federal lands.
No more drilling, including offshore.
No ability for the oil industry to continue to drill, period, ends, number one."
So what has been the fossil fuels actions strictly because Biden wants to put them out of business?
VIDEO: What’s REALLY Driving Inflation? Biden’s War on Energy --- JUNE 2, 2022
ALEC Energy, Environment and Agriculture Task Force Director Joe Trotter explains why President Biden's no-energy policies are driving up costs for fuel, food, and just about everything else.
One year ago the price of diesel was three dollars and nineteen cents. This week the price of diesel is five dollars and fifty eight cents.Commuters facing sticker shock at the pump may decide to drive less, but our country’s shipping and agriculture industries cannot simple pause their operations. Diesel powers the vast majority of the country’s commercial trucking fleet, railways, and heavy agriculture equipment such as tractors and combines.
The price of diesel begins impacting food costs before seeds are even planted and continues to impact prices up until the moment food is unloaded at markets across the country. Diesel is the single most important agricultural fuel.

VIDEO: What's REALLY Driving Inflation? Biden's War on Energy - American Legislative Exchange Council
By Joe Trotter One year ago the price of regular gas was three dollars and four cents. Today price hit a new all-time record high of four dollars and seventy two cents. One year ago the price of diesel was three dollars and nineteen cents. This week the price of diesel is five dollars and […]

Just telling the fossil fuel industry Biden guarantees to get rid of fossil fuels meant to most people including the "fossil fuels" industry that the government will
be doing everything possible to put them out of business. 10 million people out of work.
That’s okay, these guys are okay, they want to do the same thing that I want to do, they want to phase out fossil fuels and we’re going to phase out fossil fuels.”

Joe Biden: "We Are Going To Get Rid of Fossil Fuels" - Americans for Tax Reform
Joe Biden said during a rally this week that he wants to "get rid of fossil fuels." Biden said: "We are going to get rid of fossil fuels." Referring to protestors who interrupted the event, Biden said: "That's okay, these guys are okay, they want to do the same thing…

Oh... in case you don't know it...
These other 6,000 more items will cost more because of Biden's "guarantee to rid fossil fuels"!
2 billion tires made every year are made from 300 million barrels of oil.
94% of roads in America use Asphalt which use 1.4 Billion barrels of oil.
ttps://www.ranken-energy.com/.../products-made-from.../
Oh and by the way this is what the Social Security Trustees predict for Social Security...
The Old-Age and Survivors Insurance (OASI) Trust Fund, which pays retirement and survivors benefits, will be able to pay scheduled benefits on a timely basis until 2034, one year later than reported last year. At that time, the fund's reserves will become depleted and continuing tax income will be sufficient to pay 77 percent of scheduled benefits.