All the talk of Social Security “going bankrupt” or becoming “insolvent” is just plain wrong. This is just scare talk designed to convince people that big cuts to the program are necessary and inevitable. It’s simply not true.
“The validity of the public debt of the United States,” the 14th Amendment declares, “shall not be questioned.” If Congressional Republicans violate this, President Biden, acting along, should do as the Constitution requires.
The Framers would have never tolerated debt-limit brinkmanship. It’s time to put this terrible idea on trial.
The Framers would have never tolerated debt-limit brinkmanship. It’s time to put this terrible idea on trial.
The GOP used the debt ceiling to force spending cuts in 2011. It can’t be allowed again.
The debt ceiling, the dollar and hegemonic currencies
Alex Lawson: “In this case,” he says, “it would be trying to substitute out the Obamacare cuts or delays, and substitute in some of these grand bargain approaches. These are ones that are non-controversial, that are seemingly agreed-upon. We think it’s really important to get out in front of any attempts to do that and show that no, these are highly controversial and there will not be support.”
Spread the word