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Indecent fear mongering and bully tactics by Obama is more like it. The first checks that should be frozen are his and those to members of Congress.
Ever notice how Obama likes to attack old people? Obama, the ultimate "death panel".
true dat!
Bammer wants old people to take synthetic herion (vicodin) instead of getting pace makers and now he wants what? more pain killers instead of retirement checks?
well, he can at least claim to be saving us money.
14th Amendment - The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
not taking sides, but the funny thing is nobody here knows whether hes right or wrong.
all this thread has been is the usual partisan attacks between the same democrats and the same republicans on this forum.
i myself dont know, as I know most people in this thread dont know if they will be stopped or not.
if they will stop, the republicans will be annihilated as they are the hesitant ones right now.
if they dont stop, its what people on here say it is, a scare tactic.
the question is, will they stop if there is no budget in place?
can you guys get beyond your partisan bickering and answer the question?
Not true. Anyone can look at the actual numbers from Tresury and see that our monthly income (tax revenue of the gov.) Exceeds the interest we pay each month by at least 20 times.
As far as SS and Medicare, those numbers combined with the interest payments do not exceed income.
If Republican threats to allow default to take place unless they get their way why is the threat that in order to not exceed the debt limit the administration will refrain from paying out SS benefits be any different?
So Obama, when he voted to NOT raise the debt ceiling as a senator, expected that SS benefits would not be paid out? Yet he still voted no.
The facts ARE scary - the child-in-chief can't help but default to scare tactics. It's what whiny little narcissists do when they see their kingdom crumbling around them.
It will be that and a lot more if they can't meet 44% of their obligations. And if we assume debt payments are made, then entitlements, defense, and regular spending will be close to a 58% reduction.
National parks will close down or run under private ownership, some military expenses will be cut, agencies like the BATFE will cut staff.
All win-win stuff.
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