How the debt ceiling not being raised could affect you

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The standoff between Republicans and Democrats could hit the pockets of millions of Americans.

Also in danger would be Social Security payments for 50 million retirees and six million who get survivors' benefits.

"The public health system, which has enabled this country to react to a global pandemic, would be unable to adequately function," it said.Joe Biden Says Dems May Sidestep Filibuster, in New Clash With Joe Manchin The non-profit Center on Budget and Policy Priorities said that a lengthy delay limiting the government's ability to borrow money could mean that SNAP payments face severe reductions and delays, hurting those who are struggling to put food on the table,

 

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America. WashingtonDC: Capitol: GOP TAXcut for Rich. There will be A LOT of Angry Rich People, McConnell. GOP Blocking RaiseTheDebtCeiling on GOP Debts Lawrence Maddow.

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Effort to raise debt limit resets after Senate GOP blocks weeks from defaultHouse Democrats are continuing efforts to raise the debt ceiling in order to avoid the U.S. from defaulting on the national debt. Trump & Trumplicans' aim is to sow the seed of doubt in people's minds so that they slowly begin to distrust almost everything & thru the distrust slowly create a state of chaos & confusion to divert the people's attention away from their intention to tear America apart. When Trump & his supporters only listen to the lies they tell themselves & one another & the lies are the ties that bind them then 'hitting bottom' & only then will they open their eyes to the lies they have told themselves & to others. Lies are their cunning baffling addiction. Strip away Trump's Talibanization of America!
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Big bank bosses and the AARP join Biden's push to raise the debt ceiling with 12 days before deadlinePresident Joe Biden will on Wednesday escalate his call for Congress to address the debt limit in a meeting with Wall Street's top CEOs. Bitcoin The president was pushing to suspend the debt ceiling which is NOT the same as raising the debt ceiling. A decade ago, big bank/corp execs were thought the most evil of all people. They cheated the public to enrich themselves, received massive bailouts, & escaped punishment. This same cohort is now lecturing us on behalf of JB, & we are to trust them? Jamie Dimon's comp is $31MM/yr.
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Pentagon Warns Failing To Raise Debt Ceiling Could Harm National SecurityBiden has spent weeks warning about dire economic consequences if Congress fails to approve more federal borrowing before the government runs out of money on Oct. 18. So then - now can we finally admit the debt is this a threat to National secority too
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Factbox: How could U.S. Senate Democrats raise the debt limit on their own?The U.S. Congress has about two weeks to raise the federal government's $28.4 trillion debt ceiling or cause a historic default that would take a heavy toll on the economy. You mean the same Democrats who blocked for 4 years, then reversed every legislation the previous government did as soon as getting into Office? Set a good precedent didn't they. Do they think everyone has forgotten?
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Congress faces 3 major economic deadlines before the year ends: Debt limit, infrastructure and government fundingLawmakers aim to raise the debt ceiling and pass both pieces of Biden's economic agenda this month, then avoid a shutdown by December.
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