Peter was recently featured on Real America hosted by Dan Ball.
It’s no secret that the government has been spending more than it collects, and there are indications that the Biden administration is addressing this issue.
Alarming news surfaced in a media release directly from President Joe Biden, suggesting the potential for tax increases to further finance deficits resulting from benefit payouts. Mr. Ball opened the discussion by asking Peter’s thoughts on this potential new Biden tax hike.
Peter promptly addressed the shortcomings in government benefits, specifically focusing on the Social Security Trust Funds. This was a subject he passionately discussed in a recent podcast episode, Episode 941 .He mentioned the challenges faced by the Social Security Trust Fund, and issued a warning about the worsening budget deficits, projecting the trust fund’s depletion by 2034.Moreover, Peter emphasized the ongoing practice of the Social Security trust funds of borrowing through the sale […]
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