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Joetheeconomist's Blog Posts Tagged 'ceiling' (1)

The Debt Ceiling And The Blackmailing Of America

The news contains some questions about the impact of the debt ceiling on Social Security payments that needs to be clarified.  Any suggestion that Social Security would be affected by the debt limit talks is simply uninformed fearmongering.  It is little more than blackmail designed to get you to give DC the money that it wants.  Social Security will be paid, and comically enough it is Washington that will not be paid.

 

At this point, Social Security is supported by FICA and…

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Added by joetheeconomist on July 11, 2011 at 4:14pm — 2 Comments

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