About 'united states debt ceiling'|United States and the Debt Ceiling

About 'united states debt ceiling'|United States and the Debt Ceiling

Ｉｎ               ｒｅｓｐｏｎｓｅ               ｔｏ               ａ               ｑｕｅｓｔｉｏｎ               ｉｎ               ａ               ｒｅｃｅｎｔ               ＣＢＳ               ｉｎｔｅｒｖｉｅｗ               ｏｆ               ｗｈｅｔｈｅｒ               ｈｅ               ｃｏｕｌｄ               ｇｕａｒａｎｔｅｅ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               ｃｈｅｃｋｓ               ｗｏｕｌｄ               ｂｅ               ｍａｉｌｅｄ               ｏｕｔ               ｏｎ               Ａｕｇｕｓｔ               3ｒｄ               ｉｆ               ｔｈｅ               ｄｅｂｔ               ｃｅｉｌｉｎｇ               ｄｉｓｐｕｔｅ               ｉｓ               ｎｏｔ               ｒｅｓｏｌｖｅｄ,               Ｐｒｅｓｉｄｅｎｔ               Ｏｂａｍａ               ｓｔａｔｅｄ               "Ｉ               ｃａｎｎｏｔ               ｇｕａｒａｎｔｅｅ               ｔｈａｔ               ｔｈｏｓｅ               ｃｈｅｃｋｓ               ｇｏ               ｏｕｔ               ｏｎ               Ａｕｇｕｓｔ               3ｒｄ,               ｉｆ               ｗｅ               ｈａｖｅｎ'ｔ               ｒｅｓｏｌｖｅｄ               ｔｈｉｓ               ｉｓｓｕｅ. Ｂｅｃａｕｓｅ               ｔｈｅｒｅ               ｍａｙ               ｓｉｍｐｌｙ               ｎｏｔ               ｂｅ               ｔｈｅ               ｍｏｎｅｙ               ｉｎ               ｔｈｅ               ｃｏｆｆｅｒｓ               ｔｏ               ｄｏ               ｉｔ."               Ｔｈｅ               ｆａｃｔ               ｏｆ               ｔｈｅ               ｍａｔｔｅｒ               ｉｓ,               Ｐｒｅｓｉｄｅｎｔ               Ｏｂａｍａ               ｋｎｏｗｓ               ｔｈｉｓ               ｉｓ               ｍｅｒｅｌｙ               ａ               ｓｃａｒｅ               ｔａｃｔｉｃ,               ａｎｄ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               ｃｈｅｃｋｓ               ｓｈｏｕｌｄ               ｈａｖｅ               ｎｏｔｈｉｎｇ               ｔｏ               ｄｏ               ｗｉｔｈ               ｔｈｅ               ｄｅｂｔ               ｃｅｉｌｉｎｇ.                Ｔｅｃｈｎｉｃａｌｌｙ               ｓｐｅａｋｉｎｇ,               ｔｈｅ               Ｕｎｉｔｅｄ               Ｓｔａｔｅｓ               ｇｏｖｅｒｎｍｅｎｔ               ｄｏｅｓ               ｎｏｔ               ｂｏｒｒｏｗ               ｍｏｎｅｙ               ｔｏ               ｓｅｎｄ               ｏｕｔ               ｓｏｃｉａｌ               ｓｅｃｕｒｉｔｙ               ｃｈｅｃｋｓ. Ｔｈｅ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               ｔｒｕｓｔ               ｆｕｎｄ               ａｃｔｕａｌｌｙ               ｌｏａｎｓ               ｔｈｅ               ｇｏｖｅｒｎｍｅｎｔ               ｍｏｎｅｙ. Ｎｏｗ,               ｉｎ               ｔｈｅｏｒｙ,               ｔｈｅ               ｓｏｃｉａｌ               ｓｅｃｕｒｉｔｙ               ｄｅｄｕｃｔｉｏｎｓ               ｔｈｅ               ｇｏｖｅｒｎｍｅｎｔ               ｃｏｌｌｅｃｔｓ               ｓｈｏｕｌｄ               ｇｏ               ｄｉｒｅｃｔｌｙ               ｔｏ               ｍａｋｅ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               ｐａｙｍｅｎｔｓ,               ａｎｄ               ｗｈａｔｅｖｅｒ               ｉｓ               ｌｅｆｔ               ｏｖｅｒ               ｓｈｏｕｌｄ               ｂｅ               ｓａｖｅｄ               ｔｏ               ｍａｋｅ               ｆｕｔｕｒｅ               ｐａｙｍｅｎｔｓ. Ｒｉｇｈｔ? Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               ｓｈｏｕｌｄ               ｂｅ               ａｎ               ｅｎｔｉｒｅｌｙ               ｄｉｆｆｅｒｅｎｔ               ｆｕｎｄ               ｔｈａｎ               ｔｈｅ               ｇｅｎｅｒａｌ               ｆｕｎｄ. Ｂｕｔ               ｔｈａｔ'ｓ               ｎｏｔ               ｈｏｗ               ｉｔ               ｗｏｒｋｓ,               ａｔ               ａｌｌ.                Ａｃｃｏｒｄｉｎｇ               ｔｏ               ｗｗｗ. ｓｓ.ｇｏｖ,               ｔｈｅ               ｏｆｆｉｃｉａｌ               ｗｅｂｓｉｔｅ               ｏｆ               ｔｈｅ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               Ａｄｍｉｎｉｓｔｒａｔｉｏｎ,               ｂｙ               ｌａｗ               ｃｏｌｌｅｃｔｅｄ               ｓｏｃｉａｌ               ｓｅｃｕｒｉｔｙ               ｔａｘｅｓ               ｍｕｓｔ               ｂｅ               ｕｓｅｄ               ｔｏ               ｂｕｙ               ｇｏｖｅｒｎｍｅｎｔ               ｂｏｎｄｓ. Ｎｏｔ               ｊｕｓｔ               ａｎｙ               ｂｏｎｄｓ,               ｂｕｔ               ｂｏｎｄｓ               ｔｈａｔ               ａｒｅ               "ｓｐｅｃｉａｌ               ｉｓｓｕｅｓ". Ｔｈｅ               ｃａｎ               ｂｅ               ｒｅｄｅｅｍｅｄ               ａｔ               ａｎｙ               ｔｉｍｅ               ｆｏｒ               ｆｕｌｌ               ｆａｃｅ               ｖａｌｕｅ,               ｐｌｕｓ               ｉｎｔｅｒｅｓｔ. Ｗｈｅｒｅ               ｄｏｅｓ               ｔｈｅ               ｃａｓｈ               ｇｏ? Ｉｔ               ｇｏｅｓ               ｔｏ               ｔｈｅ               ｇｅｎｅｒａｌ               ｆｕｎｄ               ｏｆ               ｔｈｅ               Ｕｎｉｔｅｄ               Ｓｔａｔｅｓ               ｇｏｖｅｒｎｍｅｎｔ,               ｔｏ               ｂｅ               ｓｐｅｎｔ               ａｓ               Ｃｏｎｇｒｅｓｓ               ｓｅｅｓ               ｆｉｔ. Ｉｔ'ｓ               ｓｐｅｎｔ               ｏｎ               ａｎｙｔｈｉｎｇ               ａｎｄ               ｅｖｅｒｙｔｈｉｎｇ               ｂｕｔ               ｓｏｃｉａｌ               ｓｅｃｕｒｉｔｙ.                Ｏｆ               ｃｏｕｒｓｅ,               ｔｈｅｒｅ               ｉｓ               ｔｈａｔ               ｐｅｓｋｙ               ｐｒｏｂｌｅｍ               ｏｆ               ｍａｋｉｎｇ               ｓｏｃｉａｌ               ｓｅｃｕｒｉｔｙ               ｐａｙｍｅｎｔｓ               ｅｖｅｒｙ               ｍｏｎｔｈ. Ｗｈｅｎ               ｔｈｅ               ｓｏｃｉａｌ               ｓｅｃｕｒｉｔｙ               ａｄｍｉｎｉｓｔｒａｔｉｏｎ               ｎｅｅｄｓ               ｔｏ               "ｃｏｖｅｒ               ｅｘｐｅｎｄｉｔｕｒｅｓ"               ａｓ               ｔｈｅｙ               ｃａｌｌ               ｉｔ,               ｔｈｅｙ               ｓｉｍｐｌｙ               ｃａｓｈ               ｉｎ               ｓｏｍｅ               ｓｐｅｃｉａｌ               ｉｓｓｕｅ               ｂｏｎｄｓ,               ａｎｄ               ｍａｋｅ               ｔｈｅｉｒ               ｐａｙｍｅｎｔｓ. Ｉｎ               2010,               ｔｈｅ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               Ａｄｍｉｎｉｓｔｒａｔｉｏｎ               ｂｏｕｇｈｔ               ａｂｏｕｔ               1,020               ｂｉｌｌｉｏｎ               ｉｎ               ｂｏｎｄｓ,               ａｎｄ               ｔｈｅｙ               ｓｏｌｄ               929               ｂｉｌｌｉｏｎ               ｔｏ               ｃｏｖｅｒ               ｅｘｐｅｎｄｉｔｕｒｅｓ. Ｙｅｓ,               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               ａｃｔｕａｌｌｙ               ｂｏｕｇｈｔ               ｍｏｒｅ               ｂｏｎｄｓ               ｔｈａｎ               ｔｈｅｙ               ｓｏｌｄ. Ｔｈａｔ'ｓ               ｎｏｔ               ｔｏ               ｓａｙ               ｔｈｅｒｅ'ｓ               ｅｎｏｕｇｈ               ｃａｓｈ               ｃｏｍｉｎｇ               ｉｎ               ｆｒｏｍ               ｔａｘｅｓ               ｔｏ               ｃｏｖｅｒ               ｐａｙｍｅｎｔｓ. Ｉｎ               ｆａｃｔ,               2010               ｗａｓ               ｔｈｅ               ｆｉｒｓｔ               ｙｅａｒ               ｔｈａｔ               ｒｅｖｅｎｕｅｓ               ｗｅｒｅ               ｎｏｔ               ｅｎｏｕｇｈ               ｔｏ               ｃｏｖｅｒ               ｅｘｐｅｎｄｉｔｕｒｅｓ. Ｂｕｔ,               ｔｈｅ               ｆｕｎｄ               ｈａｓ               ｎｏｔ               ｓｈｏｗｎ               ａ               ｎｅｇａｔｉｖｅ               ｓｉｎｃｅ               1982,               ａｃｃｏｒｄｉｎｇ               ｔｏ               ｇｏｖｅｒｎｍｅｎｔ               ｆｉｇｕｒｅｓ.                Ｓｏ,               ｉｆ               ｔｈｅ               ｄｅｂｔ               ｃｅｉｌｉｎｇ               ｉｓ               ｎｏｔ               ｒａｉｓｅｄ,               ａｎｄ               ｔｈｅ               ｇｏｖｅｒｎｍｅｎｔ               ｄｅｆａｕｌｔｓ               ｏｎ               ｔｈｅ               ｄｅｂｔ,               ｉｔ               ｗｉｌｌ               ｉｎ               ｆａｃｔ               ｈｕｒｔ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ. Ｂｕｔ               ｏｎｌｙ               ｂｅｃａｕｓｅ               ｏｕｒ               ｇｏｖｅｒｎｍｅｎｔ               ｈａｓ               ｄｅｃｉｄｅｄ               ｔｏ               ｉｎｖｅｓｔ               ｏｕｒ               ｍｏｎｅｙ               ｉｎ               ｉｔｓｅｌｆ,               ａｎｄ               ｎｏｔ               ｋｅｅｐ               ｔｈｅ               ｆｕｎｄ               ｓｅｐａｒａｔｅ. Ｂｕｔ               ａｓ               ｆａｒ               ａｓ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               ｃｈｅｃｋｓ               ｎｏｔ               ｂｅｉｎｇ               ｍａｉｌｅｄ               ｏｎ               Ａｕｇｕｓｔ               3ｒｄ               ｔｈａｔ               ｗｉｌｌ               ｂｅ               ｂｙ               ｃｈｏｉｃｅ               ａｎｄ               ｎｏｔ               ｂｙ               ｎｅｃｅｓｓｉｔｙ. Ｉｎｃｏｍｉｎｇ               ｒｅｖｅｎｕｅｓ               ｃｏｕｌｄ               ｂｅ               ｕｓｅｄ               ｔｏ               ｃｏｖｅｒ               ｃｕｒｒｅｎｔ               ｐａｙｍｅｎｔｓ               ｂｙ               ｓｉｍｐｌｙ               ｕｓｉｎｇ               ｔｈｅ               ｍｏｎｅｙ               ｔｏ               ｂｕｙ               ｂａｃｋ               ｓｐｅｃｉａｌ               ｉｓｓｕｅ               ｂｏｎｄｓ. Ｅｖｅｎ               ｉｆ               ｉｎｃｏｍｉｎｇ               ｒｅｖｅｎｕｅｓ               ｄｏ               ｎｏｔ               ｃｏｖｅｒ               ａｌｌ               ｏｆ               ｔｈｅ               ｏｕｔｇｏｉｎｇ               ｐａｙｍｅｎｔｓ,               ｍｏｓｔ               ｃｏｕｌｄ               ｂｅ               ｍａｄｅ,               ｏｒ               ｔｈｅｙ               ａｌｌ               ｃｏｕｌｄ               ｂｅ               ｍａｄｅ               ａｔ               ａ               ｍｏｄｅｒａｔｅｌｙ               ｒｅｄｕｃｅｄ               ｒａｔｅ.                Ｏｂｖｉｏｕｓｌｙ,               ｆｏｒ               ｓｅｎｉｏｒｓ               ａｎｄ               ｏｔｈｅｒ               ｄｅｐｅｎｄｅｎｔ               ｏｎ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ,               ａ               ｒｅｄｕｃｅｄ               ｐａｙｍｅｎｔ               ｉｓ               ｎｏｔ               ａ               ｇｒｅａｔ               ｏｐｔｉｏｎ. Ｉｔ               ｄｏｅｓ,               ｈｏｗｅｖｅｒ,               ｂｅａｔ               ｔｈｅ               ｐｒｅｓｉｄｅｎｔ'ｓ               ｏｐｔｉｏｎ               ｏｆ               ｂｅｉｎｇ               ｃｏｍｐｌｅｔｅｌｙ               ｃｕｔ               ｏｆｆ               ｂｅｃａｕｓｅ               ｈｅ               ｒｅｆｕｓｅｓ               ｔｏ               ｃｏｍｐｒｏｍｉｓｅ               ｏｎ               ａ               ｄｅｂｔ               ｄｅａｌ. Ｈｉｓ               ｕｓｅ               ｏｆ               ｔｈｅ               Ｓｏｃｉａｌ               Ｓｅｃｕｒｉｔｙ               ｆｕｎｄ               ａｓ               ａ               ｓｃａｒｅ               ｔａｃｔｉｃ               ｔｏ               ｂｌａｍｅ               Ｒｅｐｕｂｌｉｃａｎｓ               ｓｈｏｗｓ               ｈｅ               ｉｓ               ｎｏｔ               ｒｅａｄｙ               ｔｏ               ｃｏｍｐｒｏｍｉｓｅ.

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Related blog with united states debt ceiling

1. United States Debt ceiling

   tblars.blogspot.com/   07/23/2011

   ...from the citizens of the United States. Americans are too... too much outstanding debt. We will never be able to do anything...

2. United States Debt ceiling

   politicsdownanddirty.blogspot.com/   12/07/2010

   ... not exceed a stated ceiling. The most recent increase in the U.S. debt ceiling to $14.3 trillion by...-federal-debt-limit 111 ^ http://thomas.loc...

3. United States and the Debt Ceiling

   ticketkingcollege.blogspot.com/   07/13/2011

   ...it is imperative that Congress vote to increase the debt ceiling before August 2nd. The United States Treasury security is seen as the most liquid...

4. Disintegrating Japan and the Future of the United States:Taxes and the Debt Ceiling

   themiddleground.blogspot.com/   03/15/2011

   ... written. The United States must...MUST review it's budget and...to consider raising it's "debt ceiling" . In essence, the "debt ceiling...

5. Billy Long's Debt Ceiling Vote Further Bankrupts the United States of America With Automatic Debt Ceiling Increases

   longiswrong.blogspot.com/   01/15/2012

   ... bankrupting the United States. Rand: They did something really tricky with the debt ceiling that’s never been ...

6. Did you know that if the the government did not raise the Debt Ceiling that it would cause the United States to default on its legal obligations?

   betyudidntknow.blogspot.com/   01/06/2013

   ...you know that if the the government did not raise the Debt Ceiling that it would cause the United States to default on its legal obligations? Did you...

7. democ-RATS INHABITING THE UNITED STATES SENATE INCREASE THE DEBT CEILING BY OVER 1.2 TRILLION DOLLARS IN A DISPLAY OF IRRESPONSIBLE, IDIOTIC PARTISANSHIP

   donottreadonus.wordpress.com/   01/27/2012

   Yesterday, the partisan fools in the U.S. Senate increased the debt ceiling by over 1.2 Trillion dollars, giving obama the privilege of recklessly...

8. The United States Debt Limit Explained – video

   guyaneseonline.wordpress.com/   01/16/2013

   The United States Debt Limit Explained Uploaded... as the congress raises the debt ceiling explained in a very easy to understand...

9. Interest on the United States Debt - An Unsustainable Scenario

   viableopposition.blogspot.com/   07/31/2011

   ...yield on the 10 year United States government bond ...current federal debt. This is even...the fact that the debt ceiling will be allowed...

10. ...Then study the Constitution of the United States because the federal government...net/4870/a-few-deserve-credit-on-debt-ceiling-debate/ “Keep The Pressure On Congress...

    christiangunslinger.blogspot.com/   08/02/2011

    ...Then study the Constitution of the United States because the federal government...net/4870/a-few-deserve-credit-on-debt-ceiling-debate/ “Keep The Pressure On Congress...

United States Debt Ceiling - Blog Homepage Results

Infinite Symposiumbyinfinitesymposium

http://infinitesymposium.wordpress.com/

...ceiling negotiations with a great sense of anxiety. While a failure to raise the debt ceiling would be catastrophic for the United States (and the world), it is not yet time to start worrying. In fact, it would...

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