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Veterans benefits, Social Security and Medicare payments, and SNAP could be among the first federal programs at risk if the US defaults in 10 days, a new analysis says
Business Insider via Yahoo ^ | May 22nd, 2023 | Ayelet Sheffey

Posted on 05/22/2023 2:30:54 PM PDT by Mariner

click here to read article


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To: Mariner
What they said: The US could default on its debt in as soon as ten days if Congress doesn't raise the debt ceiling.

What they wanted to say: We hope the US defaults on its debt so we can blame the MAGA Republicans. We have videos of grandmas being pushed over cliffs and starving children with swollen bellies due to malnutrition all ready. If only there were a way to place all Republicans in camps where they could be re-educated through hard labor in, say, stone quarries."

21 posted on 05/22/2023 2:41:47 PM PDT by 17th Miss Regt ( )
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To: Mariner

I’m calling BS on Social Security payments stoping - there’s a law in place that allows the treasury to pull money from the SS trust fund, and pay people if they don’t have any general funds available


22 posted on 05/22/2023 2:42:23 PM PDT by 11th_VA (XX < > XY)
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To: Mariner

I was watching Mark Levin last night and he said that Social Security, VA Benefits, Medicare among some other items, will not be affected as they, essentially, come from different pools of funding and are protected.


23 posted on 05/22/2023 2:42:45 PM PDT by Signalman
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To: Mariner

Take it all down. Grab your pitchfork and follow me!


24 posted on 05/22/2023 2:43:53 PM PDT by JonPreston ( ✌ ☮️ Free kiryandil )
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To: Mariner

There is not going to be a default, this hysteria needs to stop.


25 posted on 05/22/2023 2:44:14 PM PDT by Captain Peter Blood
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To: Mariner

This is propaganda. No way is “Social Security and Medicare payments, veterans benefits, and SNAP” being considered to be “the first to go”.


26 posted on 05/22/2023 2:44:55 PM PDT by FMBass (Que sais Je)
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To: Mariner

You notice the welfare checks (EBT cards) are perfectly safe and fully funded while Social Security which is paid by wage deductions are not available.


27 posted on 05/22/2023 2:45:48 PM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: Mariner

This thing could be solved in 20 minutes. Republicans want a tiny little decrease in the rate of money printing. Not a real cut, just a slight decrease in the insane borrowing.
Biden and the Dems say not a penny less and will place all the blame on McCarthy. It’s all politics and the Demon Party plays dirty like their master.

Praying and hoping the American people wake up to this monetary orgy which is the real danger to our future.


28 posted on 05/22/2023 2:46:26 PM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: SamAdams76

“food stamps?”

That’s the SNAP payments. I fully expect this Admin to fully structure what’s not paid to inflect maximum pain.


29 posted on 05/22/2023 2:46:47 PM PDT by nomorelurker
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To: Mariner

I wrote this before and I will write it again.

Shut it down!


30 posted on 05/22/2023 2:48:13 PM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: Mariner

Just the same ole playbook they have used for the last 75
years.

The fear scripts are already written — just need to be dusted off.


31 posted on 05/22/2023 2:49:15 PM PDT by TomGuy
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To: Mariner

Social Security ... payments, ... could be among the first to go.


Anyone who participates in delaying Social Security payments should be publicly drawn and quartered.

These can be funded out of the Social Security “Trust Fund” with no net impact on the debt.


32 posted on 05/22/2023 2:49:36 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Mariner

Business Insiders=damn liars on the separate trust fund social security and Medicare trust fund.


33 posted on 05/22/2023 2:50:41 PM PDT by WKUHilltopper
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To: Mariner

LIARS! With their phony fear tactics once again. Those would be the very last programs they’d ever touch because they know damn well there would be hell to pay.


34 posted on 05/22/2023 2:50:44 PM PDT by Bullish (Either we don't see it coming or they don't... But somebody's got it coming.)
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To: JoSixChip
Funny, they never touch welfare or section 8 housing.

Those should be eliminated and not restored in any form.

35 posted on 05/22/2023 2:50:48 PM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: Mariner

This article is an abject lie. The mainstream government stenographers are doing their jobs. Who the government pays is a choice. There are plenty of other things to not pay. May I suggest every single lazy ass federal employee, less military, be sent home without pay. We will be a more free and prosperous nation.


36 posted on 05/22/2023 2:53:08 PM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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To: Mariner

Social Security and Medicare Part A and Medicare Parts B&D have trust funds.

These trust funds hold federal debt securities.

The Medicare securities can be paid out to providers and then sold by the providers for say 99 cents on the dollar.

The Social Security debt securities might be paid out to states, which could sell them for say 99 cents on the dollar and then put the proceeds in recipients’ bank accounts. This would mean payment delays of about two weeks in the first month.


37 posted on 05/22/2023 2:54:29 PM PDT by Brian Griffin
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To: JoSixChip

Or the lesbian/transgender studies abroad. Oh yeah, and we can’t defund the Wuhan lab.


38 posted on 05/22/2023 2:55:59 PM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: CFW

It’s a lie! They’re NOT going to cut SS, medicare, VA or their med benefits, they’re not even gonna touch welfare, unfortunately. It’s just a scare tactic as usual. Don’t believe any of this garbage. Don’t fall for it this time.


39 posted on 05/22/2023 2:56:28 PM PDT by Bullish (Either we don't see it coming or they don't... But somebody's got it coming.)
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To: Mariner

Good grief. Really?

Did people not think this was going to happen?

Not having a strategy is not a strategy.


40 posted on 05/22/2023 2:56:37 PM PDT by Fury
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