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Old 05-16-2019, 02:41 PM
spifflog is offline
Join Date: Jan 2003
Location: Washington, DC
Posts: 2,439
Originally Posted by l0k1 View Post
No, it would transfer $1T in debt from the SSTF to other creditors. The $3T in the Trust Fund is debt. It is part of the national debt. If we used $1T to pay benefits, and raised $1T in new debt to pay for it. Then the total debt would be $2T in the trust fund, plus $1T in new bonds. So, how did the debt increase?
So you propose forgoing $1T in revenue, and in its place borrowing $1T, and you can't understand why our future liability is increasing?