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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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.
In response to makalani bandele.
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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