Treasury Secretary Janet Yellen has warned that if the
United States defaults amid a congressional impasse over raising the debt
ceiling, Social Security payments could be disrupted, Theepochtimes reported.
“The Treasury is in a position where we can't pay all the
bills that are due that day. And this would really be the first time in
American history that we would stop making payments due," Yellen told ABC
News earlier in the week.
The problem is that Congress has asked the Biden
administration to reduce its spending, so that legislators remove the debt
ceiling imposed on the federal government, for the excessive spending it
maintains.
In this way and pretending to put pressure on the town,
Janet has threatened not to pay the payments owed to Social Security
beneficiaries or Medicare providers next month, "We simply would not have
enough cash to meet all our obligations," he said .
The fatal date would be June 1 according to the official,
months after "extraordinary measures" were implemented to avoid non-compliance.
If the government reaches its debt limit, the federal government will not be
able to pay all of its obligations.
The Americans for now, through networks, have expressed
their disagreement for having spent millions and millions of dollars in gifts
to Ukraine, when the government forgot that they are its citizens first.
Post a Comment
We want to know your comments and concerns. Remember: Respect distinguishes us, education makes us different...