Buying bonds releases the money into the market. Internal bonds are used to control inflation by taking money from the market.
BTW, every administration since Nixon has borrowed money from SS/Medicare in the form of selling bonds.
If the US does not pay its bond rates, those payments will be affected.
The Republicans have blocked every meaningful decrease in spending, for instance, military spending.
Instead they have focussed on small schemes like Planned Parenthood, that will make no difference to the public debt, or on SS/Medicare which are on different balance sheets and not part of the debt.
$this->bbcode_second_pass_quote('', 'E')DIT: and another thing.. Medicare and SS aren't charity, my elderly relatives have paid into these programs their entire working lives.


