Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

nature-lover

(1,471 posts)
Tue May 23, 2023, 09:09 AM May 2023

New simple message needed: "If we default, your government check will not come."

It is wonderful that our democratic leaders explain our financial situation with the debt ceiling in detail for us. However, a single, simple message is needed. All Republican voters hear is "default, debt ceiling blah, blah blah." Tell them their Social Security and veterans' checks will stop or be delayed and their tax refunds won't show up.

https://www.npr.org/2023/05/22/1177169711/debt-ceiling-limit-default-veterans-social-security-government-benefits

One of the first big bills coming due on June 1 is $12 billion in veterans benefits. If there's not enough money on hand to pay those benefits, people who've already sacrificed a lot for their country will be forced to sacrifice even more.
-----
The government is scheduled to pay $25 billion in Social Security benefits on June 2 — one of several big payments the program will make over the course of the month.
-----
The real estate website Zillow estimates that a prolonged government default could send mortgage rates soaring as high as 8.4%, from about 6.4% today.
-----
Other payments would also be in jeopardy if the government's borrowing limit is not increased soon, including:

-- $47 billion for Medicare providers, due on June 1.

-- $1 billion in tax refunds, set to go out June 7.

-- $4 billion in federal salaries, payable on June 9.

And the list goes on. Food stamp recipients, education programs and defense contractors could all be left empty-handed.

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
New simple message needed: "If we default, your government check will not come." (Original Post) nature-lover May 2023 OP
And if we agree to republican demands Beachnutt May 2023 #1
but Timewas May 2023 #2
There's no, "we," to it Bayard May 2023 #3
Much better. nature-lover May 2023 #8
The repubs want to be able to point the blame and Dems. Liberal In Texas May 2023 #4
NOT "we." "If *the Republicans* force a default you won't get your Social Security check" Ocelot II May 2023 #5
Exactly! nature-lover May 2023 #7
This is what needs to be said I_UndergroundPanther May 2023 #9
Thinking 🤔 should I call my financial advisor. . . Emile May 2023 #6

Liberal In Texas

(13,611 posts)
4. The repubs want to be able to point the blame and Dems.
Tue May 23, 2023, 09:50 AM
May 2023

They don't care if the average joe suffers as long as they can blame President Biden and use the blame to win elections.


Ocelot II

(115,968 posts)
5. NOT "we." "If *the Republicans* force a default you won't get your Social Security check"
Tue May 23, 2023, 09:52 AM
May 2023

is more like it.

I_UndergroundPanther

(12,496 posts)
9. This is what needs to be said
Tue May 23, 2023, 02:37 PM
May 2023

Everywhere.
Especially as red states have the biggest population using services and get government checks. Hammer it into thier thick stupid skulls.

Emile

(23,132 posts)
6. Thinking 🤔 should I call my financial advisor. . .
Tue May 23, 2023, 09:55 AM
May 2023

Trouble is I am invested in things like annuities.

Latest Discussions»General Discussion»New simple message needed...