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Tuesday, May 21, 2013

They're At It Again

The Treasury is about to tap into federal employees' retirement and disability funds to keep the government going. That's until Congress votes to raise the debt ceiling. At that point, Treasury would borrow fresh money and repay the retirement accounts with interest. Treasury Secretary Jacob Lew says the tactic can keep the lights on until at least Labor Day. Congress voted to temporarily suspend the debt limit in January. That suspension ended Sunday.

6 comments:

Anonymous said...

And it shouldn't be raised unless we get a dollar for dollar immediate reduction in:
1.Foreign aid to countries that wish us evil....Egypt, Pakistan, Syria, Libya, and Iraq is a good list to start with!
2. Obamaphones, Section 8 housing, limits on what can be purchased with food stamps, drug/alcohol/tobacco/weight testing for welfare recipients and bring back work requirements for welfare recipients...is a good second page!

Anonymous said...

Good. Maybe when more people are robbed by the government they can begin to understand what I've been saying about SS.

Or maybe these employees are lazy too?

Anonymous said...

10:07am: AMEN

Anonymous said...

They can afford it.

Anonymous said...

They are seizing pensions. This can't end well for people.

Anonymous said...

Anonymous said...
They are seizing pensions. This can't end well for people.

May 21, 2013 at 2:38 PM

Ever since 1913