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Those loans aren't simply from the government to itself, they consist of committed money to particular entitlements or programs. "Forgiving" those loans is equi
by lalaland1125 7y ago
Those loans aren't simply from the government to itself, they consist of committed money to particular entitlements or programs. "Forgiving" those loans is equivalent to cutting those programs.
- millstone 7y agoIsn't forgiveness the opposite? If the Highway Fund built too many highways, and was in debt, BUT the debt is forgiven, it's a transfer to the Highway Fund.