Forbidden Universe
General Category => Domestic & World News => Topic started by: AngelOfThyNight on January 14, 2023, 07:01:33 AM
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The time is now for Social Security reform
House Speaker Kevin McCarthy and Republicans in Congress want to restore fiscal restraint to Washington, but it won't be easy. The difficult work of returning yearly deficits and the long-term debt to a sustainable path is complicated by the rise in interest rates and their impact on the budget, with spending on interest alone set to quadruple over the next 30 years.
Source: The time is now for Social Security reform (https://www.cnn.com/2023/01/13/opinions/mccarthy-government-spending-social-security-medicare-chen/index.html)