"THERE IS NO SHORTAGE OF FUNDS TO PAY SOCIAL SECURITY AND MEDICARE UNDER THE EXISTING DEBT CEILING. IN FACT, TREASURY COULD PAY THOSE BENEFITS EVEN IF THERE WAS ZERO TAX COLLECTED FROM ANYONE IN THIS COUNTRY FOR SOCIAL SECURITY AND MEDICARE - SUCH AS IF UNEMPLOYMENT WAS 100% - FOR A PERIOD OF MORE THAN THREE YEARS, AND NOT VIOLATE THE DEBT CEILING."
Karl Denninger, "Social Security Is NOT At Risk On Debt Ceiling"
The Pope's Genocide Cowardice
1 hour ago
Oh Nairb the debt ceiling must be raised Why this country would shut down,services would stop,soldiers and Govt workers won't get paid!We wouldn't be able to steal from er um help you citizens! Watch the scare tactics really come out as we get closer to the so called deadline!
ReplyDeleteChina
III