He won’t use SS IMO. He will use EBT and all the others, but he’ll be sued if he doesn’t pay out on SS. It will backfire on him.
BTW, yes there is $3T/income per year, but the outflows are over $3.7-$4T. The difference being all those unbudgeted entitlements. This doesn’t even include the $85B/month the Federal Reserve creates to buy T-Bills and Stocks each month.
They CAN pay for LEGAL debt, but they can’t pay for illegal unbudgeted, unauthorized debt.
“He won’t use SS IMO. He will use EBT and all the others, but he’ll be sued if he doesn’t pay out on SS. It will backfire on him.”
He’s already said SS recipients won’t get checks
http://www.huffingtonpost.com/2011/07/12/obama-social-security-checks-debt-ceiling_n_895831.html
and if a president is willing to harm americans purposefully as he’s done in the sequester, I don’t think we should underestimate him.