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<blockquote data-quote="OKRuss" data-source="post: 3989454" data-attributes="member: 41777"><p>Damn, this paragraph is unsettling to say the least. I can definitely see the current administration using this as leverage to get the debt ceiling raised even higher.</p><p></p><p>Scary as that prospect is, however, the alternative might be even worse: A little-known provision of a 1996 law could be interpreted to allow the Social Security trust fund to be used not only to pay Social Security’s monthly checks but also to circumvent the debt limit and pay <strong><em>all</em></strong> the government’s otherwise overdue bills.</p></blockquote><p></p>
[QUOTE="OKRuss, post: 3989454, member: 41777"] Damn, this paragraph is unsettling to say the least. I can definitely see the current administration using this as leverage to get the debt ceiling raised even higher. Scary as that prospect is, however, the alternative might be even worse: A little-known provision of a 1996 law could be interpreted to allow the Social Security trust fund to be used not only to pay Social Security’s monthly checks but also to circumvent the debt limit and pay [B][I]all[/I][/B] the government’s otherwise overdue bills. [/QUOTE]
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