Table. I have here the Government Accountability Office Document that nations fiscal health. May 2023. Issued a couple weeks ago, this was issued to every leader in congress by the Executive Branch. The gao is one of the best of the entities our government has, what do they say. Why do we care. It says balance of current revenue, resolve in debt growing faster than the economy, thi this is unsustainable. The government never writes reports like this or speaks like this. It continues cbo, has stated high and rising federal debt is a fiscal crisis. Underlying conditions driving unsustainable fiscal outlook post, social challenges have not addressed. They are trying to say, the economy could collapse. Could collapse. They go on they are saying were not at war, The Ethe Econo Economics Balancedded 3 Out Of Last 4 years. For example, debt held by public, grew during economic expansion of june 2009 to february 2020, it did not grow during the economic expansion from March Of 1991 to march of
table. i have here the government accountability office document that nation s fiscal health. may 2023. issued a couple weeks ago, this was issued to every leader in congress by the executive branch. the gao is one of the best of the entities our government has, what do they say. why t do we care. it says: balance of current revenue, resolve in debt growing faster than the economy, this s this is unsustainable. the government never writes reports like this or speaks like this. it continues: cbo, has stated high and rising federal debt i is a fiscal crisis. underlying conditions driving unsustainable fiscal outlook post, social challenges have not addressed. they are trying to say, the economy could collapse. could collapse. they go on: they are saying we re not at war, the economthe economiesq economics balancedded 3 out of last 4 years. for example, debt held by public, grew during economic expansion of june 2009 to february 2020, it did not grow during the economic expans
table. i have here the government accountability office document that nation s fiscal health. may 2023. issued a couple weeks ago, this was issued to every leader in congress by the executive branch. the gao is one of the best of the entities our government has, what do they say. why do we care. it says: balance of current revenue, resolve in debt growing faster than the economy, thi this is unsustainable. the government never writes reports like this or speaks like this. it continues: cbo, has stated high and rising federal debt is a fiscal crisis. underlying conditions driving unsustainable fiscal outlook post, social challenges have not addressed. they are trying to say, the economy could collapse. could collapse. they go on: they are saying we re not at war, the ethe econo economics balancedded 3 out of last 4 years. for example, debt held by public, grew during economic expansion of june 2009 to february 2020, it did not grow during the economic expansion from march of
what are we talking about? the hostile insurance trust fund will be able to pay, medicare 100% of total scheduled benefits until 2031. 3 years later than report last year, at that point funds will become depleted. 2031. funds reserves will be depleted. old age and survivors insurance. bulk of social security trust fund pay 100% of total scheduled benefits until 2033. 2033. that is frightening. so they feel that both these funds when combined, if you combine their period of time, 20 anot 34, then there is nothing, your government stole all of the
what are we talking about? the hostile insurance trust fund will be able to pay, medicare 100% of total scheduled benefits until 2031. 3 years later than report last year, at that point funds will become depleted. 2031. funds reserves will be depleted. old age and survivors insurance. bulk of social security trust fund pay 100% of total scheduled benefits until 2033. 2033. that is frightening. so they feel that both these funds when combined, if you combine their period of time, 20 another 34, then there is nothing, your government stole all of the