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Will S.S be affected by failure to raise debt limit? One point of view says no, because SS in in (Original Post) 3Hotdogs May 2023 OP
From what I understand BillyBobBrilliant May 2023 #1
My son-in-law, who is a banker, says not raising the debt limit would be disastrous liberal_mama May 2023 #2
Yes inthewind21 May 2023 #3
When the gray-haired army gets through burning a few hundred Republican operatives, they will get Chainfire May 2023 #4

BillyBobBrilliant

(805 posts)
1. From what I understand
Mon May 15, 2023, 03:09 PM
May 2023

The funds are there, but the employees required to disburse them will be furloughed. Once the shit is settled, the funds, including arrears will start to flow again.

liberal_mama

(1,495 posts)
2. My son-in-law, who is a banker, says not raising the debt limit would be disastrous
Mon May 15, 2023, 03:35 PM
May 2023

He said no Social Security, no Medicare. Jobs lost, stock market crashes. He's been really worried about it. My daughter says that's all he talks about now.

Still, I hope Biden doesn't give in to the demands of McCarthy. That would destroy a lot of lives too.

Hopefully, there can be a compromise without costing millions more Americans their health insurance. It's bad enough that the end of the Covid emergency will cost some their health insurance.

 

inthewind21

(4,616 posts)
3. Yes
Mon May 15, 2023, 03:40 PM
May 2023

It will be affected. Doesn't matter where the money is if no one is at work to cut the check! Does anyone remember the last couple of shut downs caused by republicans being asshats?

Chainfire

(17,527 posts)
4. When the gray-haired army gets through burning a few hundred Republican operatives, they will get
Mon May 15, 2023, 06:35 PM
May 2023

get the point, sit down, shut the fuck up and do their jobs. I am stockpiling matches!

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