WebRT @IdaColl_11: Republicans don’t care for average Americans. They want to scrap ACA, cut social security/Medicare, cut funding for law enforcement. Heck, they even want the US government to default by refusing to raise the debt ceiling. Imagine the CATASTROPHIC effect if they do. 10 Apr 2024 15:57:47 WebAug 17, 2024 · While most taxes go to the government’s general fund, Social Security taxes are set aside for the Social Security Administration’s trust fund, and the money in this trust fund cannot be used ...
If the U.S. defaults on its debt, Social Security, tax refunds, other ...
WebOct 6, 2024 · With no clear plan from Congress and potential default only days away, Treasury may soon face difficult decisions on what obligations, including Social Security … WebJan 23, 2024 · A default would increase interest rates, which would then increase prices and contribute to inflation. The stock market would also suffer, as U.S. investments would not be seen as safe as they once were, especially if the U.S. credit rating was downgraded. Several government programs like Social Security and Medicare would be impacted, too. maltese crackers
Debt ceiling: Here’s what you should know as threat of default
WebRT @NavigatorSurvey: NEW POLLING: Americans are extremely concerned about the Republican agenda, including: ️ Ending Social Security & Medicare (76%) ️ Cutting Medicaid (71%) ️ Government default (69%) ️ Banning the teaching of accurate history (68%) ️ Banning abortion (63%) WebJan 19, 2024 · If debt ceiling negotiations are unsuccessful, the U.S. could default on its debt. Here’s why some worry that could result in Social Security and Medicare delays, … WebSep 30, 2024 · 11:53 a.m. ET, September 30, 2024 Yellen: "Catastrophic" default on debt could halt Social Security payments to nearly 50 million seniors. From CNN’s Matt Egan maltese cross billet air filter