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That pesky debt ceiling
Tax refunds would be put on hold, and Social Security checks would likely be ... rates would shoot up if the debt ceiling isn’t raised and there is no cash available to pay the government ...
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The federal government will hit its debt limit one day after President-elect Donald ... to borrow to pay for obligations such as Social Security and Medicare benefits — between Jan. 14-23 ...
Defaulting on the debt has some real life consequences as well. The Treasury has to start pinching pennies. That means people relying on Social Security ... one of *** few to have this type of limit.
The United States debt ceiling is flashing a critical warning sign for Bitcoin, which may experience a temporary correction to $70,000 before the next leg up in the market cycle. The US Treasury ...
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In one of her last acts as Treasury Secretary ... faith and credit of the United States," she said. When the debt limit is raised or suspended those funds will be paid back and federal retirees ...
The warning was likely one ... for social safety net programs, interest on the national debt and salaries for members of the armed forces. If the United States is unable to raise the debt limit ...