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(8,543 posts)
3. At the beginning SS checks might be delayed a few days...
Tue Oct 15, 2013, 09:14 PM
Oct 2013

If the debt ceiling isn't raised for an extended period, I don't think anyone really knows what will happen.

[div class="excerpt" style="margin-left:1em; border:1px solid #bfbfbf; border-radius:0.4615em; box-shadow:-1px -1px 3px #999999 inset;"]Under the most alarming scenario, as soon as Friday, payments to Medicare and Medicaid providers, unemployment benefits, Social Security checks and tax refunds would be postponed for one to four days.[font style="font-size:0.7692em;"]


[/font]With huge payments due in early November, the situation would become grimmer. Nearly $60 billion in Social Security checks, veterans benefits and pay for active-duty troops is due Nov. 1. Those could be delayed nearly two weeks, according to the Bipartisan Policy Center’s analysis.[font style="font-size:0.8462em;"]


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