Here’s how experts say the Debt Default may impact US citizens

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The U.S. government on Thursday ran up against its legal borrowing capacity of $31.381 trillion, and the Treasury Department began implementing “extraordinary measures” to avoid a default.

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Why don't we start with having all these millionaire politicians who have created this problem start paying for it out of their own pockets?

fedup

The very first cuts that need to be made is to CONGRESSIONAL SALARIES! They are overvalued and overpaid!

LoDoFilmUnlimitedMedia

The first thing to happen is congress should not get paid. And no back pay when things are resolved. The created this mess they should suffer.

markjoslin

Really? The US Govt doesn’t have tax money to pay its bills? It has plenty of tax dollars to fund all kinds of hair brained donor deals, keep one of the LARGEST employee counts in the country, and still have enough to treat itself to a life of luxury, licentiousness, and corruption.

jlb

How the hell are we in debt but still helping countries with 2.5 billion dollars???

orka_sd

We The People are The Government. The day Americans began to view the Government as a third party, that third party became an oppressor.

williemo

Everything is free until Everything cost more than you can afford.

steveladner

They just spent $1.7 trillion of our tax dollars last month. When is it ever enough?

SwankySasquatch

Everyone else in America has to know how to balance their budget. Somehow for Govt it’s optional

SapphireZeev

All of what she said as already happened and still happening….I just love how they’re always late with information

davelegend

hold all these politicians accountable we the people of America did not choose this!!!!

TJV-ixjj

Dep of Labor changed rule and allows companies to use 401k plans to be used for “moral” investments instead of being protected by the law made by Congress. A bureaucratic department should not be allowed to break laws set by Congress.

scarlette

The feds credit card has been maxed out for 50 years. No one can do math anymore.

kbrown

Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished, Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return., I pray that anyone who reads this will be successful in life too 🙏🙏🙏

morenahlatshwaya

So embarrassing. We see the government send countries billions of dollars over the years, but can’t afford to pay their own bills 🙄 IRRESPONSIBLE AND EMBARRASSING

damaris

The government spending is to blame. Not the people! It's the fault of all those in Congress!!

high-intelligence

Cut salary for those in office, their not doing anything anyway. 😢

candancepeace

Crazy, I was told money doesn’t grow on trees, clearly it does for the government.

staloch

If congress can’t do their job. Make them work for free till our money is back in order.

TinyGoHomes

THANK YOU DEMOCRATS AN YOUR SPENDING LETS NOT FORGET THAT…

MrBrownnn

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