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geek tragedy

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50. that's shutdown, not default nt

Reply to pipi_k (Reply #48)

Tue Oct 15, 2013, 04:34 PM

Oct 2013

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If we default, when do Social Security checks stop coming? [View all] AmBlue Oct 2013 OP

It has been estimated that on the 23rd of Oct....SS will no longer pay .. MindMover Oct 2013 #1

Wonderful. Blue_In_AK Oct 2013 #66

No SS checks on November 1 nt geek tragedy Oct 2013 #2

That is my understanding also. kentuck Oct 2013 #6

So we will get Oct check just not any after this until they raise debt limit? Liberalynn Oct 2013 #17

Nothing after Thursday is guaranteed. nt geek tragedy Oct 2013 #18

gotcha Liberalynn Oct 2013 #21

Thanks for this info. My parents were asking this very question Butterbean Oct 2013 #55

My check is due tomorrow. RebelOne Oct 2013 #36

My thoughts are with you. I hope this all works out somehow for everyone. Liberalynn Oct 2013 #44

Thanks, and I am hoping it works out by the deadline. n/t RebelOne Oct 2013 #57

According to this... pipi_k Oct 2013 #48

that's shutdown, not default nt geek tragedy Oct 2013 #50

Here is the title pipi_k Oct 2013 #52

From the last page of the article geek tragedy Oct 2013 #53

I posted the same pipi_k Oct 2013 #54

Seniors should be calling their reps - TBF Oct 2013 #3

I live in Georgia and my reps do not give a damn. n/t RebelOne Oct 2013 #37

Doesn't matter if they want to hear it or not. AmBlue Oct 2013 #41

Aren't the lines not being answered due to the shut down? Liberalynn Oct 2013 #45

Assuming default would be on the 17th, the next SS payments aren't due until the 23rd.. PoliticAverse Oct 2013 #4

Thank you for that link. SheilaT Oct 2013 #43

I think Soc Sec will be able to draw on their trust fund to meet October / November payments. pinto Oct 2013 #5

The trust fund is mostly T-bills, IIRC Trekologer Oct 2013 #7

Yeah, that's where the funds are invested. I'm unclear on whether they can be cashed out or not. pinto Oct 2013 #13

can't cash in a bond if there is no cash to pay it with rurallib Oct 2013 #25

What... onyourleft Oct 2013 #46

yep rurallib Oct 2013 #62

Social Security Bonds Sgent Oct 2013 #33

So Soc. Sec. bonds remain in escrow or on hold in the event of a default? pinto Oct 2013 #35

Essenitally Sgent Oct 2013 #37

Thanks. pinto Oct 2013 #47

Existing debt including SS bonds constitutionally guaranteed econoclast Oct 2013 #61

If the Republicans think their ohheckyeah Oct 2013 #8

There are also a lot of minors getting benefits due to deceased or disabled parents. Shame. libdem4life Oct 2013 #9

True that.... ohheckyeah Oct 2013 #11

Thank you! ScreamingMeemie Oct 2013 #49

And Paul Ryan was once one of them - TBF Oct 2013 #56

Oh, I'd forgotten that. Probably got low-interest college loans and grants. So did I, but that's libdem4life Oct 2013 #58

And I will be one of those raising hell. RebelOne Oct 2013 #10

I'll be raising hell... ohheckyeah Oct 2013 #12

I'm Sure The Idiots Of America Don't Even ChiciB1 Oct 2013 #26

major portion of ours also rurallib Oct 2013 #27

there are going to be a lot of people who can't pay their rent G_j Oct 2013 #14

My landlord would understand and cut me some slack if necessary. Buns_of_Fire Oct 2013 #23

yep G_j Oct 2013 #28

Hopefully, seniors will be furious regardless ecstatic Oct 2013 #15

I am furious Liberalynn Oct 2013 #19

I am worried about Medicare will my doctor visits still be covered if we default? Liberalynn Oct 2013 #16

If this comes to pass, the Teabilly Representatives might as well stay in Washington Buns_of_Fire Oct 2013 #20

Mine comes tomorrow. THANK GOD!!! lamp_shade Oct 2013 #22

Ours Is Due Next Wednesday! ChiciB1 Oct 2013 #29

mine is due next Wed too Liberalynn Oct 2013 #30

Well, As I Said, I Can Hold Out ChiciB1 Oct 2013 #63

Totally agree with you that what is going on is SHAMEFUL! Liberalynn Oct 2013 #67

Oy! Not good. I'll cross my fingers for you. lamp_shade Oct 2013 #31

Thank you. Liberalynn Oct 2013 #32

Thanks From Me Too! ChiciB1 Oct 2013 #64

Mine too. And it worries me that it may be the last one for a while. n/t RebelOne Oct 2013 #40

Mine is tomorrow too. ScreamingMeemie Oct 2013 #51

The Tea Pukers won't care if the seniors complain Liberalynn Oct 2013 #24

I dunno abelenkpe Oct 2013 #39

I think you are right about Fox Liberalynn Oct 2013 #42

For my teabagger parents? abelenkpe Oct 2013 #34

Now people will understand that there is no "Trust Fund", and that most of the debt is owed to SS 1-Old-Man Oct 2013 #59

Should be NO default on existing debt econoclast Oct 2013 #60

Looks like I'll be homeless soon. n/t geomon666 Oct 2013 #65