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The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to those it borrowed from and dole out money for everything from ...
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The U.S. reached its debt ceiling on Jan. 19 the Treasury Department announced on Thursday, Jan. 19. Treasury Secretary Janet Yellen says extraordinary measures have begun to mitigate financial...
The matter would likely depend on how much cash is on hand if or when the debt ceiling is breached. The staggered schedule of Social Security payments, which relies on an individual’s birthdate ...
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Government officials are sounding warnings that Social Security payments could be halted if Congress and the White House don't come up with a bill to raise the debt ceiling before the government ...
Schumer said the bill would “ensure Americans are not erroneously denied their well-earned Social Security benefits simply because they chose at some point to work in their careers in public service.” The legislation passed the House on a bipartisan vote, and a Senate version of the bill introduced last year gained 62 cosponsors.
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