Quote:
Originally Posted by Babyboomer15
If there is spending cuts,people will be losing their jobs.
When do they start mailing out SS checks for Wednesday delivery-is it Monday afternoon? What if no deal is done-do they still mail out the checks?
We should know late tomorrow about the certainty of receiving next months SS checks.
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I think MOST checks are direct deposit from the Treasury of the United States. There will be an announcement (probably by tomorrow) and we'll all breathe sigh of relief.
Just imagine though. There is no cash invoved. Everything is bonds, IOU's Trillions of Dollars in Debt (which will still be there).
Have we EVER operated in the Black??? In our lifetime I mean?