Thread: Economics The Debt Ceiling Approacheth
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Old 01-12-2013, 06:48 AM   #86
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Join Date: Nov 2008
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1 social security is in a "trust fund", so it is not part of the debate.

2. If the US govt hits the debt ceiling, they aren't allowed to borrow more money. Think instantly balanced budgets. By law, the president gets to decide who gets paid, and what 40% of the current deficit spending gets cut.

What's the problem again?
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