makalani bandele
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So if nondefense spending stays flat & inflation is 6% isn't that a cut in spending (seeing as it would normally go up at least a little to keep up w/inflation)? How do you keep spending flat when the country is growing every year? Ex. there will be more needing medicare in 2024 than 2023 bcuz aging
4_FSake @4F_Sake
"CBS News learned that the agreement raises the debt limit for two years and keep non-defense spending flat, at 2023 fiscal year levels, for two years as well. Non-defense spending would then increase by 1% in the 2025 fiscal year. "
09:50 PM - May 27, 2023
10:03 PM - May 27, 2023
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Tanya D.
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In response to makalani bandele.
I would assume that things that increase automatically because of inflation (like social security) would continue to do so because those increases are written into law.
10:33 PM - May 27, 2023
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makalani bandele
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In response to Tanya D..
Maybe Medicare & SS are safe but other nondefense spending is in trouble. "A full-year-freeze is effectively a cut, as rising costs mean fewer services can be provided with the same amount of money. Further, a freeze would lock in last year’s funding priorities and ignore this year’s new needs."
10:41 PM - May 27, 2023
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