#debtlimit
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The government may stop issuing Social Security payments after the debt limit is hit -- here's why
There’s a very real possibility the government will stop issuing Social Security payments after the debt limit is hit.
Scary as that prospect is, however, the alternative might be even worse: A little-known provision of a 1996 law could be interpreted to allow the Social Security trust fund to be used not only to pay Social Security’s monthly checks but also to circumvent the debt limit and pay…
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#article_normal#Business#Business/Consumer Services#C&E Industry News Filter#Community#Consumer affairs#consumer services#Content Types#corporate#Corporate/Industrial News#debtceiling#debtlimit#Domestic Politics#Factiva Filters#General news#Government policy#industrial news#insurance#International relations#labor#Labor/Personnel Issues#Lifestyle#living#Living/Lifestyle#Personal Finance#personnel issues#political#Political/General News#Politics#Politics/International Relations
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The debt ceiling was made under the Second Liberty Bond Act of 1917 and also called "as "legal obligation limit."
If U.S. government national debt levels knock facing the roof, the Treasury Department should fall back on other "unprecedented" measures to pay government commitments. Its consumption until the roof are raised once more. The debt ceiling has been raised or suspended on various occasions over the years. The ceiling has been lifted on more than 100 events to permit the public authority to acquire more.
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#Breaking: #Senate passes a #bill to suspend the nation's #debtlimit through January 1, 2025. It now goes to President @Biden's desk for his signature.
Senate passes a bill to suspend the nation's debt limit through January 1, 2025. It now goes to President Biden's desk for his signature. https://t.co/5lEjisUNNt
— CNN (@CNN) June 2, 2023
Source: Twitter
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🚨 NEW SHOW! 🚨
Depleted Uranium Radioactive Mushroom Cloud Drifting Over Europe
#TruNews #Uranium #MushroomCloud #WW3 #F16 #G7 #DebtLimit #J6 #Whistleblowers
https://tru.news/41xCehq
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Tax season could take U.S. on debt-limit roller-coaster
The U.S. could approach the verge of debt default in early June, then buy itself some more time as tax receipts roll in.
#Tax #season #U.S #debtlimit #rollercoaster
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Tax season could take U.S. on debt-limit roller-coaster
The U.S. could approach the verge of debt default in early June, then buy itself some more time as tax receipts roll in.
#Tax #season #U.S #debtlimit #rollercoaster
https://www.politico.com/minutes/congress/02-22-2023/debt-limit-update/
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#BREAKING: "House approves debt limit increase that will last through part of December", #everybody! 😊
#Note: The House of Representatives on Tuesday approved legislation to raise the U.S. debt limit, the final legislative hurdle to averting a first-ever national default that was otherwise expected to occur next week".
#debtlimit #legislation #MMV #policymaking #extension
👉 https://www.msn.com/en-us/news/politics/house-approves-debt-limit-increase-that-will-last-through-part-of-december-sends-bill-to-biden/ar-AAPr26B?ocid=msedgntp
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Republicans Begrudgingly Vote For Debt Limit Deal McConnell Made With Democrats After months of refusing to assist enhan... Read the rest on our site with the url below https://worldwidetweets.com/republicans-begrudgingly-vote-for-debt-limit-deal-mcconnell-made-with-democrats/?feed_id=89740&_unique_id=61608a2661512 #ChuckSchumer #debtlimit #MitchMcConnell #U.S.Senate
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🚨Patriarch Kirill Warns West: Destroying Russia Will Mean End of the World
#TruNews #PatriarchKrill #Russia #WW3 #ApocalypticWarning #Surveillance #DebtLimit #Inflation #Bidenomics
https://tru.news/3XzrJsC
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The debt limit has been raised roughly 100 times since it was first instituted. The most constructive way to stop the constant debt ceiling drama is to fix the debt.
#debt#debt limit#DebtLimit#debtceiling#debt ceiling#National debt#NationalDebt#US debt#fixthedebt#fix the debt#wednesdaywisdom#wednesday wisdom
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A debt-limit showdown minus the ‘default’ theatrics? - https://goo.gl/6MA1Pb - #Debtlimit, #Default, #Finance, #Showdown, #Theatrics
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Janet Yellen: Oct. 18 Likely Date When U.S. Debt Measures Exhausted WASHINGTON (AP) — Treasury Secretary Jan... Read the rest on our site with the url below https://worldwidetweets.com/janet-yellen-oct-18-likely-date-when-u-s-debt-measures-exhausted/?feed_id=87418&_unique_id=615396c2bf26d #DebtCeiling #debtlimit #GOP #JanetYellen #RepublicanParty #senate #U.S.TreasurySecretary
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Trump is working deals with ‘Chuck and Nancy’. #DebtLimit #NegotiatingSkills
[Sorry for the visual]
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House Speaker Paul Ryan on Thursday said he believes President Donald Trump was trying to avoid a “food fight” over government funding and the debt ceiling when he struck a deal with Democrats during an Oval Office meeting on Wednesday. Ryan, who attended the White House meeting, told The New York Times in an onstage interview that the president was seeking a “bipartisan response,” especially because the deal involves relief for victims of Hurricane Harvey. #paulryan #donaldtrump #presidenttrump #trump #republicans #gop #democrats #bipartisan #debtlimit #debtceiling #hurricaneharvey #politics http://ift.tt/2vQV6ht
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House Speaker Paul Ryan on Thursday said he believes President Donald Trump was trying to avoid a “food fight” over government funding and the debt ceiling when he struck a deal with Democrats during an Oval Office meeting on Wednesday. Ryan, who attended the White House meeting, told The New York Times in an onstage interview that the president was seeking a “bipartisan response,” especially because the deal involves relief for victims of Hurricane Harvey. #paulryan #donaldtrump #presidenttrump #trump #republicans #gop #democrats #bipartisan #debtlimit #debtceiling #hurricaneharvey #politics http://ift.tt/2vQV6ht
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