GOP brinkmanship: SS, food, medical, education, climate
samedi 13 mai 2023 à 16:02Contrary to what many say, running into the US debt ceiling will not make the US default on its debts. Rather, it will stop the US from doing the normal daily borrowing that is necessary to make daily payments that the government has to make.
Social security payments, like purchases, are rather payments that the US will have an obligation to make, but they are not for debts because they are not repayment of loans.
Failing to pay them could be considered a default in some sense, but it would not be defaulting on debt.
What the 14th amendment says about this, I don't know.