The Mudcat Café TM
Thread #139443 Message #3198586
Posted By: pdq
30-Jul-11 - 02:17 PM
Thread Name: BS: Social Security and the Deficit
Subject: RE: BS: SOcail Security and the Deficit
The Debt limit is a limit on borrowing money.
The Fedaral government still gets 57¢ for each dollar it spends so it can still spend that 57¢ with no problems.
Who get paid is probably the choice of the Executive branch, essentially Obama.
If he orders the military and the Social Security to not send out the checks, there will be Hell to pay.