debt ceiling
What if Congress does not raise the debt ceiling?
The U.S. is reaching the national debt limit on Thursday, January 19, 2023. Unless Congress increases the debt limit, the United States will have to pay its bills late and could default on its debt which has never happened. According…
Debt-ceiling debate prompts questions on Social Security’s future
As Congress debates the vote to raise the federal government’s debt limit, Social Security reform proposals are in the mix. Although the Social Security program lifts more than 22 million people above the poverty line, the program is facing a…
Social Security and the Debt Ceiling Argument
Douglas A. McIntyre, co-founder, chief executive officer and editor-in-chief of 247wallst.com sounds the alarm for Social Security in the midst of negotiations on the nation’s debt ceiling. In his post, which you can read in full here, McIntyre suggests that failure…