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nitpicker

(7,153 posts)
Fri Sep 24, 2021, 08:24 AM Sep 2021

These 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.html

These 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.))
12 replies = new reply since forum marked as read
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These government benefits would be at risk if Congress doesn't raise the debt ceiling (Original Post) nitpicker Sep 2021 OP
How about this... 2naSalit Sep 2021 #1
They're not too worried about their paychecks. When they can live off of their graft Walleye Sep 2021 #5
True... 2naSalit Sep 2021 #6
Unfortunately it's set up that they are accountable by elections. Then they cheat to win elections a Walleye Sep 2021 #7
I think DENVERPOPS Sep 2021 #12
Who does it affect the most, Republican doc03 Sep 2021 #2
How many millions of people this will affect vote REPUBLICAN? ProudMNDemocrat Sep 2021 #3
They will continue to vote Republican JustAnotherGen Sep 2021 #10
The debt ceiling increase should be included in the budget reconciliation bill. House of Roberts Sep 2021 #4
Back in the day, Democrats had to give something up, gab13by13 Sep 2021 #8
Sounds like it's time for the President to order some seigniorage HariSeldon Sep 2021 #9
I didn't see how it would hurt billionaires in that list. Jakes Progress Sep 2021 #11

2naSalit

(86,308 posts)
1. How about this...
Fri Sep 24, 2021, 08:27 AM
Sep 2021

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)
5. They're not too worried about their paychecks. When they can live off of their graft
Fri Sep 24, 2021, 08:34 AM
Sep 2021

They don’t make their living from their paychecks.I always hear this cut off their pay, that’ll teach them. With most of these people especially Republicans their pay is just a pittance compared to what they make on the side. That’s why term limits are in such a great idea either. We have too many lawmakers feathering their nest as it is.

2naSalit

(86,308 posts)
6. True...
Fri Sep 24, 2021, 08:42 AM
Sep 2021

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)
7. Unfortunately it's set up that they are accountable by elections. Then they cheat to win elections a
Fri Sep 24, 2021, 08:46 AM
Sep 2021

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)
12. I think
Fri Sep 24, 2021, 12:54 PM
Sep 2021

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.

ProudMNDemocrat

(16,699 posts)
3. How many millions of people this will affect vote REPUBLICAN?
Fri Sep 24, 2021, 08:30 AM
Sep 2021

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)
10. They will continue to vote Republican
Fri Sep 24, 2021, 11:13 AM
Sep 2021

Because they will believe any lie the GOP will tell them. Self-inflicted wounds is their 'thing'.

House of Roberts

(5,160 posts)
4. The debt ceiling increase should be included in the budget reconciliation bill.
Fri Sep 24, 2021, 08:31 AM
Sep 2021

Put it up for a vote, as a 'must pass', in the Senate.

gab13by13

(21,234 posts)
8. Back in the day, Democrats had to give something up,
Fri Sep 24, 2021, 09:03 AM
Sep 2021

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)
9. Sounds like it's time for the President to order some seigniorage
Fri Sep 24, 2021, 10:29 AM
Sep 2021

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)
11. I didn't see how it would hurt billionaires in that list.
Fri Sep 24, 2021, 11:49 AM
Sep 2021

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.

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