You betcha. There is a "lock box" with "your money" in it - so don't worry.
;^>
Posted on 10/08/2013 6:49:13 AM PDT by SkyPilot
The Social Security Administration has begun warning the public it cannot guarantee full benefit payments if the debt ceiling isn’t increased.
When asked by the public, the agency is notifying beneficiaries that “Unlike a federal shutdown which has no impact on the payment of Social Security benefits, failure to raise the debt ceiling puts Social Security benefits at risk,” according to a person familiar with the agency directive.
The warning was assembled after the agency consulted with the Treasury Department, which would play a lead role in determining how the government handles payments if the borrowing limit isn’t raised soon.
“Our employees started receiving questions from the public, so the agency worked with Treasury to provide an answer they could use when asked about the debt ceiling by the public,” a Social Security Administration spokesman...
(Excerpt) Read more at blogs.wsj.com ...
You betcha. There is a "lock box" with "your money" in it - so don't worry.
;^>
No. Only for certain people.
Social security, veterans benefits, national parks and the military will be cut.
The Obamaphones and EBT cards will still work. Golfing and vacations will continue for the First Family.
Normally you and I agree on a lot, but I must take exception here.
Social Security is not an entitlement program.
I paid for it - to the tune of 15% in some years and 12.5% in others. I paid so much in FICA that I maxed out for more than 20 years of my working life.
That’s *MY* money, taken from me forcibly by the Gubmint.
I want it back.
>>>All of the entitlements need to be cut. Including SS.>>>
They’ve succeeded! They have us fighting among ourselves.
How nice for you that you’ve made enough money so that you can go galt and not pay taxes. Most of us paid S.S. all our working lives and were promised S.S. in our old ages. $50 paid in S.S. in the 1950’s would have paid for food for a family of five for a week. Today it pays for a tiny fraction of the food bill. And, yes, we managed to do without anything not necessary to survive, and put some aside for our old age, but the banks are not paying interest on our savings and food prices, etc. continue to rise.
You don't know how correct you really are.
Yep, all of them. And many of those on SS DBL need to be tossed off it if they are able to work.
Sure, let's cut social security - even though people paid tens of thousands of dollars into it their entire working lives.
But let's continue Obamaphones. How can you have a flashmob without them! and let's continue EBT cards. The casinos and strip joints will go broke without them.
That's fair.
Of course, you want it back.
You probably won't get it back, though.
/johnny
/johnny
I did some calculating when I got my first SS check last year.
I need to live to around 115 to break even.
I’m choosing to regard it as a challenge.
I'll be rooting for you. 115 or bust.
/johnny
A challenge it will be with the zerocare death panels in place.
Only Republicans will be hurt as no Democrats receive SS checks./s So, bring it on Obozo!!
Not only you but your employer contributed as well. You and I worked our whole lives for it and we did not have a choice - it was a forced contribution. If the government had treated it like such, and not added disability, etc to it would be solvent.
I suspect the WH occupier will make an exception for 'disability' checks - otherwise Detroit will stop functioning.
SS is not an entitlement. It is money you were forced to pay into a broke system and are just getting part of it back. It is also not a benefit either. You wouldn’t consider a tax refund as an entitlement or benefit.
Clinton & Gore sure referred often enough to ‘my LOCKBOX’.
Is there a single politician in the entire country who tells the truth to citizens???
That's reality.
/johnny
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.