At the debt ceiling, what bills will be paid?

Discussion in 'Politics' started by The Rabbi, Jan 14, 2013.

  1. The Rabbi
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    The Rabbi Diamond Member

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    Remember Obama threatening people that their Social Security checks wouldn't go out? Yeah, turns out that wasn't true. Treasury will have discretion on what not to spend. SS checks could be low on the list, but they wont because that is max political leverage for the administration, whcih doesnt care about average people.

    Hitting the debt limit: What bills would be paid? - Yahoo! News
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says she ain't payin' it - he made the debt, let Obama pay fer it...
    :eek:
    First Term: Obama Increased Debt $50,521 Per Household; More Than First 42 Presidents in 53 Terms Combined
    January 19, 2013 - During Barack Obama’s first term as president of the United States, the debt of the federal government increased by $5.8 trillion, which exceeds the combined debt accumulated under all presidents from George Washington through Bill Clinton.
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    First Term: Americans ‘Not in Labor Force’ Increased 8,332,000
    January 20, 2013 - The number of Americans age 16 or older who decided not to work or even to seek a job increased by 8,332,000 to a record 88,839,000 in President Barack Obama’s first term, according to the Bureau of Labor Statistics.
     
    Last edited: Jan 20, 2013
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "First dey spent the money we had - now dey spendin' the money we ain't got...
    :eek:
    Congress gets 3½ months to run up debt
    Thursday, January 31, 2013 - Provision tied to budget mandate
     
  4. Caroljo
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    Caroljo Gold Member

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    Social Security has nothing to do with the debt ceiling and should not even be threatened! The other group that may lose out is the military. This shouldn't even be considered!! I know last time this debt ceiling crap went on my son (who is in the Army) received one of his checks about 2 weeks late! He has a family and they aren't paid all that well....they suffer just like most of us would if we didn't get paid. But so many people just don't care.
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "At this rate the debt gonna double in 10 years...
    :eek:
    The $6 Trillion Man--Debt Up That Much Under Obama
    March 1, 2013 -- The debt of the federal government has now increased by $6 trillion during the time that Barack Obama has been president, according to the U.S. Treasury.
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    CBO: Democrat Sequester-Replacement Plan Adds $42B to Deficit This Year
    February 28, 2013 – According to the Congressional Budget Office (CBO), a sequester replacement plan offered by Senate Democrats would add $41.5 billion to the deficit in 2013, even though it would utilize the so-called “balanced approach” favored by President Barack Obama.

     
  6. LordBrownTrout
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    LordBrownTrout Gold Member

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    Granny sounds fed up. Cant blame her.
     

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