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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThese government benefits would be at risk if Congress doesn't raise the debt ceiling
https://www.cnn.com/2021/09/22/politics/debt-ceiling-social-security-child-tax-credit/index.htmlThese government benefits would be at risk if Congress doesn't raise the debt ceiling
By Tami Luhby, CNN
Updated 6:59 PM ET, Wed September 22, 2021
(CNN)The battle over raising the debt ceiling may seem like political gamesmanship on Capitol Hill, but it has real-life implications for tens of millions of Americans.
Social Security payments could be delayed. The next monthly child tax credit installment might not be sent on time. Food stamp recipients could be left waiting for funds.
That's because unless Congress suspends or raises the debt limit in coming weeks, the federal government will no longer be able to borrow to pay for its operations, forcing it to limit its spending.
"In a matter of days, millions of Americans could be strapped for cash," Treasury Secretary Janet Yellen wrote in a Wall Street Journal op-ed. "We could see indefinite delays in critical payments. Nearly 50 million seniors could stop receiving Social Security checks for a time. Troops could go unpaid. Millions of families who rely on the monthly child tax credit could see delays."
(snip)
((I presume it would be the same for federal pension payments.))
2naSalit
(86,308 posts)Congress funds* are withheld until we get OUR MONEY on time and they make sure the budget gets passed or they go without funds* too?
Fuck those assholes.
*THEIR paychecks.
Walleye
(30,935 posts)They dont make their living from their paychecks.I always hear this cut off their pay, thatll teach them. With most of these people especially Republicans their pay is just a pittance compared to what they make on the side. Thats why term limits are in such a great idea either. We have too many lawmakers feathering their nest as it is.
Perhaps suspend their healthcare, since it's free, I'm sure they depend on what is given them rather than pay for it.
Something needs to be done to compel them to do their fucking jobs.
Walleye
(30,935 posts)The whole thing falls apart if lawmakers in a democracy do not care what their voters think. In fact they do their best to go against the will of the people most the time and get rewarded by being reelected. I am at a loss
DENVERPOPS
(8,787 posts)that someone should make a list of Every current U.S. House Member, and Every current U.S. Senator and show the Net Worth of each of them, including Dems, not just Republicans.
Then, for a real eye opener, name the top twenty campaign and PAC donors for each member.
The reason we are in the mess we are in would become GLARINGLY and BLATANTLY obvious.
doc03
(35,293 posts)states.
ProudMNDemocrat
(16,699 posts)Will they continue to do so in 2022?
Democrats have an opening here to go on offense that Republicans do not give a ahit about everyday Americans, except for their own power. Put the brunt of the blame on Republicans.
JustAnotherGen
(31,780 posts)Because they will believe any lie the GOP will tell them. Self-inflicted wounds is their 'thing'.
House of Roberts
(5,160 posts)Put it up for a vote, as a 'must pass', in the Senate.
gab13by13
(21,234 posts)to get Republicans to vote to raise the debt ceiling. Just bring it up for vote and when every Democrat votes to raise the debt ceiling make Republicans actually filibuster, make them stand on the Senate floor and tell the American people why they won't get SS payments, let them explain to active military why they won't be getting paid.
Just vote on it.
HariSeldon
(454 posts)If the Republicans won't participate in managing the debt that has been incurred by both parties, President Biden should direct the Treasury to mint 50 $100,000,000,000 platinum coins for deposit to create headroom under the debt ceiling. It would probably make the markets crazy, but less so than a default, and mostly on the backs of the wealthy.
Jakes Progress
(11,122 posts)Sure it would take a few million off their books, but when you have several thousand millions, it won't hurt. Take $200 from most workers and it hurts - badly.
Besides, as we get poorer it makes billionaires feel richer.