If....this deal doesn't work out and we default

[LakeArenal]

Would those who didn’t get checks for whatever reason, get paid back once government reopened?

Asking for at least a million friends.

[Walleye]

1. I think it comes under the heading of uncharted waters

[Autumn]

2. SS checks will go out.

https://www.ljblegal.com/faqs/what-happens-to-social-security-disability-in-a-government-shutdown-.cfm

[hippywife]

7. If you read further into the article...

While payments can continue to be processed during a government shutdown, it is possible that there would not be sufficient funds to pay for benefits if the debt ceiling is not raised. Unlike previous shutdowns, this battle is not just about passing a spending bill to fund the government, but also about raising the debt ceiling.

Social Security beneficiaries could be at risk of not receiving their benefits for the first time since the program was established in 1935.

Emphasis mine. This was referring to the possible shutdown in 2021.

[Autumn]

8. Social Security benefits are considered mandatory spending and are paid

from the program’s trust fund, the agency has the funds to continue paying benefits. A law passed by Congress in 1996 provides special protections for Social Security benefits.

[hippywife]

9. You supplied the article, I didn't.

Just using excerpt from the one you linked to.

[calguy]

3. I believe they would be paid

But I believe more that the deal will go through. I never believed the GOP would allow the govt to default.

It's a fact that Kevin is controlled by the fringe elements of his party, but the donors to his party control him more than the crazies he has to deal with. They would have been hurt financially, and they will never allow that to happen.

Joe knows this, which is why he gave Kevin a few crumbs to save a little face within his own ranks.

[AnnaLee]

4. Of course

In fact, that has been the silly in this whole thing. These bills are already spent money. The debt ceiling is unrelated to future bills. It is permission to pay current and past bills. They don't go away just because you delay when you pay. You already spent/encumbered this money.

[bottomofthehill]

5. This is not a government shutdown due to a lapse in funding legislation.

Differently from the annual appropriations bills, this time, we don’t have the money and there is not the ability to borrow more. It becomes cash in cash out. As money becomes available, decisions will be made who to pay and how much. Programs like social security that have a a self funding mechanism should be able to continue to pay out, other programs maybe not.

[lapfog_1]

6. not the same as a government shutdown

but I expect that if some deal is worked out, past obligations would be covered.

That said, it won't restore my (or million others) 401k after the market takes a huge dive.

And, more important, it won't cover the much higher interest rates on everything (houses, cars, credit cards).

And finally, it won't do shit to replace the extra money the government now has to spend to maintain the debt, aka the interest on the debt. That increase in finance charges will have to come from the federal budget, thus all that money the Repukes said their cuts were going to save goes poof in a puff of smoke AND we will be right back to either more severe cuts, raising taxes, or borrowing even MORE money to maintain current services.

[NowISeetheLight]

10. Back Pay

I'd imagine it would be paid. Like back pay is paid for VA disability and SSDI when it's finally approved.

[Chainfire]

11. I think if they miss my SS payment I will just steal a GSA car, strip it for parts and sell them on

eBay. It is my money!

Who here needs a computer for a '22 Taurus?