Social Security Payments May Be "Interrupted" if US Defaults on Debts by June 1

Social Security Payments May Be "Interrupted" if US Defaults on Debts by June 1

With the odds of a U.S. debt default increasing, Social Security advocates warn beneficiaries they should be prepared in case their payments are interrupted.

Negotiations around whether the nation's ability to borrow money should be expanded have been ongoing, but Congress and the White House have yet to reach an agreement on the path forward. 

The impasse has placed the U.S. in a precarious financial position, and leaves some of the most vulnerable Americans at risk.

Dan Adcock, director of government relations and policy for the National Committee to Preserve Social Security and Medicare, said there is a "good chance" that in the event of a default, millions of Americans' benefits would be disrupted.

"Seniors should be prepared if they're financially able," Adcock said, adding they should consider putting off discretionary purchases "so they have enough to tide them over."

But millions of beneficiaries have no financial room to maneuver, Adcock said, noting that about 40% of Social Security recipients, which include Americans who are disabled and those who are widowed, receive 90% of their income from the safety net program. That equates to nearly 27 million people.

"Even though we're a few weeks before a default, they won't have enough to squirrel away to cushion for not getting their payments," Adcock said.

Analysts suggest it isn't certain that the government will miss payments to Social Security recipients in the event of a default. The matter would likely depend on how much cash is on hand if or when the debt ceiling is breached.

The staggered schedule of Social Security payments, which relies on an individual’s birthdate to determine which part of the month they receive them, means not all beneficiaries would be equally affected in a missed or partial-payment scenario.

The White House and House Republicans remain at odds after meeting on Wednesday to discuss a resolution to the impasse. NBC News Capitol Hill correspondent Ali Vitali reported the meeting was “tense.” Led by House Speaker Kevin McCarthy, the GOP seeks spending cuts from President Joe Biden in exchange for an agreement to raise the debt ceiling and avoid a default.

On Thursday, the White House said a scheduled follow-up meeting had been postponed.


# Consider readingstandingwave 2023-05-16 22:36
"When Money Dies" by Adam Fergusson (1975, 2010).
Hyperinflation in Weimar Germany, the causes and consequences.

It's not just about wheelbarrows of money.
# oh will shit it the fan if this an warfare are goneChappyusa1 2023-05-16 18:59
USA will burn if all the welfare checks are gone.

oh what a sight that will be
# Opt-Outmstevenm 2023-05-14 19:26
Hi Hal! What if we introduced legislation within each state to opt out of giving the fed shit heads money for stupid shit that Americans don't want and give that money to the state in which we reside? If you don't like what the state is doing simply move to a place that has their "shit" together......
-1 # Watch the 14th amendment get invokedLaxmark 2023-05-13 22:24
The bankers wont lose and interest payments on the bond money and a large % of the 70% of the debt sevice need june 1 are entitlements that those on SSA wont cause diatubances about, it will be all the other entitlements that will flip out. Pull up a chair. You dont fix the debt by creating more of it. Gotta cut spending, just not on bond interest lol
-1 # Watch the 14th amendment get invokedLaxmark 2023-05-13 22:24
The bankers wont lose and interest payments on the bond money and a large % of the 70% of the debt sevice need june 1 are entitlements that those on SSA wont cause diatubances about, it will be all the other entitlements that will flip out. Pull up a chair. You dont fix the debt by creating more of it. Gotta cut spending, just not on bond interest lol
# Trump Said During The DebateDolph 2023-05-13 19:59
That if the government can't submit a balanced budget it should default because it will be a lot less painful now than later.

In another question they asked him what's his answer to the energy problem?

His reply? DRILL BABY DRILL!!!

BTW- Whose buying all our Treasuries? Our enemy, the Federal Reserve. After the American Revolution we owed the foreign banksters $8 million and they demanded payment. Result? War of 1812. Andrew Jackson tried to throw them out and they sent an assassin after him who fired his gun, missed and Jackson proceeded to cane him half to death. Then they killed Lincoln who had refused to borrow from them.
+1 # "TIDE YOU OVER" UNTIL WHAT?!Plowboy 2023-05-13 19:54
...they need to raise the debt ceiling again?! The debt ceiling is a farce. They will probably need to raise it again before the end of the year
.. and every time they raise it every dollar in benefits you continue to receive becomes worth less!!

If you rely on Social Security exclusively, you need a Plan B ASAP!
# RE: "TIDE YOU OVER" UNTIL WHAT?!Falcon9h 2023-05-17 21:52
Like what??
+2 # "TIDE YOU OVER" UNTIL WHAT?!Plowboy 2023-05-13 19:54
...they need to raise the debt ceiling again?! The debt ceiling is a farce. They will probably need to raise it again before the end of the year
.. and every time they raise it every dollar in benefits you continue to receive becomes worth less!!

If you rely on Social Security exclusively, you need a Plan B ASAP!
+1 # debt ceilingPeter H 2023-05-13 17:38
Rafi faber from Israel says this debt ceiling can be easily temporarily alleviated by..
Raising the price from $42 on ther treasury books to a reasonable amount
?? $40,000/oz gold
+5 # # Pig Fucker BidenMytquinn9797 2023-05-13 16:22
Doesn't have to worry. He's never had a real civilian job in his life. The Rotting Sack of oatmeal has been on the public dole all his life. Screw those assholes !! With warmest regards, Ed in the Gestapo State ( Connecticut).
+6 # I have been expecting the gov to stiff payments for a year now.NHydg 2023-05-13 16:12
AND ......HERE IT COMES ...... strange that they even announced it .... hmmmm , ALL in the demonic plan.

Sooo ..... what about the thousands of illegals that just entered the country ...... are THEY STILL gonna get their payouts ??? no doubt .....AND ALL of them no good demons that are killing the country .....continue paying those bastards too ????
+3 # debt defaultBoss 2023-05-13 15:45
Any government employee who makes more than 100,000 a year, needs to forfeit payments for June, and following months, until this is resolved. Someone who receives 18K a year should not be made hungry or homeless.
The Education Department should be destroyed and the building(s) sold. The Department of Homeland Security should be destroyed and all of its material items and its properties be sold. The Executive branch should forfeit any and all salaries. (Trump did)
The same for the Legislative and Judicial branches: no salaries until the debt issue is fixed.
Reader: you can add to this list. God bless.
-1 # YES !! 2023-05-13 16:02
Add all those Ivy League colleges receiving federal funding for those inane research projects — don’t get me started #€~! —- should be ordered to refund the $$$.

DJT tried but the “woke” idiots prevailed…
+1 # Time for patient men to arise!!Poet Warrior 2023-05-13 15:01
Haven't we had enough already???
Time for us very patient men to arise and get the job done. Time to move against all demon-crats and save our culture of being the 'Light on the Hill'.
Time to storm every media outlet time and again about their lies and pronounce our commitment to truth and peace very loudly.
Set up car pools, send emails and face each and every politician and their staff on the street and call them out.
Promise to vote down their retirement benefits. These people are so corrupt and they are so deluded into believing they are royalty.
As our constitution states, 'from time to time' throw the bastards out!
Enough said............
God bless us all and pray for the strength of Moses.
+6 # Oh, YeahKali K 2023-05-13 14:55
Let's not forget that it's not just SS that will be 'delayed.' EBT/SNAP will ALSO be delayed and we all know what will happen then. THOSE are the people that scare the pants off of them.
+4 # Robert Dziokrddziok 2023-05-13 14:41
Make sure the "Welfare Mommas" and Illegal Aliens get theirs first though. Never contributed squat but screw all day to poop out more so get more they're "Entitled" to while destroying the family unit (more than 70% born out of wedlock), morality, ethics and responsibility with Daddy replaced by Uncle Sam. Just as the Satanic Globalists and such as LBJ ("Great Society" Welfare State) and Demoncrats intended!
+4 # Three simple rules!Poet Warrior 2023-05-13 14:33
Wisdom has given me three simple rules to live by, especially in times of CHAOS. .
Rule #1 Be invisible
#2 Be a puffer fish, look super bad

There you have, rules to survive by.
+1 # RE: Three simple rules! 2023-05-13 14:41
Simple program for complicated people;)
+3 # PreparedKali K 2023-05-13 14:32
We are totally on government checks with VA disability and SS. Good thing I've been preparing since 2008! We have enough money to pay for the utilities for a while and we don't need food or essentials. Good thing it's in the spring! I can feed my critters on the grasses and plants growing all around me and save the feed money for utilities or emergency occurances ... and of course ..gas.
+3 # █▓▒░ Social Security Payments ░▒▓█Palehorse 2023-05-13 13:45

The illegal invaders in the south and the Ukraine insanity will surly be spared this ax.
# No doubtunixguru24 2023-05-14 10:51
It’ll be the working people who get the shaft yet again.
+4 # Trust your Gooberment?acturner067 2023-05-13 13:13
This Gooberment has allowed the DOD and the vax makers to poison its people on purpose that many are dying and many more are so injured they will never be able to return to work if there will be any work left in the future. They (gooberment) steals form SS as if its their cookie jar. They also turn SS into a welfare system for many that should not qualify. Whatever happens they most likely caused this for a specific purpose.
+8 # That BASTARD BIDENJessiebeaner 2023-05-13 13:04
He is so profoundly psychopathic and ARROGANT
that I doubt he will back down. He had decades in the senate where he was allowed to act like an almighty untouchable GOD, and then especially as VP. We need not wonder why that bastard is hell bent upon not budging an inch.
He may have handlers BUT he also has a profoundly EVIL personality…..that personality feeds right into the tasks his handlers may recommend.
-4 # Loljosey wales 2023-05-13 16:20

It's the profane keyboard commando typing his nonsensical statements as if the people running the show really care what you think.

Now go and take your medications and go take a nap.
it would be poetic justice if every single social security office in this country were burned to the ground......

That IMHO would not even come close to the "justice" that they really deserve.

This is a real program, for citizens of any country.

After seeing the true nature of "Americans" during the past 3 COVID years, I see no hope at all in staying here.

If I had the resources I would be looking at moving to Russia and taking that free land that they are offering.

We are now a people that despise liberty and freedom and I am not on board with that at all.

I feel nothing but disgust for America and Americans and their love of servitude.
Exactly! If I wasn't old and broke, that's where I'd be going.
+4 # True...butLegionPrime67 2023-05-13 13:12
Russia will also be used by God to punish Mystery Babylon which at that time they will be vicious and merciless. Right now they have my vote, but later (if I survive that long) I will be shooting at them.
I'm also disgusted with us. Thieves in charge, invaders boldly coming in, people.walking about with no clue what we here know.
+5 # OFF TOPIC: HAL'S COUNTRY 2023-05-13 12:07
Hals tale about having good neighbors is a little bit encouraging. I have lived in rural PA myself (now in rural MO).

I can assure you Hal that almost no one is even remotely ready, you sure don't sound as if you are.

Don't be deluded Hal when things get tough that these "nice neighbors" can and will kill you for a Bic lighter if they have to.

Without a local WELL trained militia you are in for a lot of grief and death.

I am not as fortunate in the neighbor department. All of my neighbors have at best a room temperature IQ. They are not even remotely prepared. or aware of what is coming.

When SHTF my neighbors will be a much bigger threat to me than the invading Russian or Chinese......

Rather than my neighbors defending against outside threats I see them killing each other and me ---- trying to obtain resources.

It's a hell of a lot worse than I can describe here. Even for you Hal in your ostensibly better situation.
+6 # Neighborsell 2023-05-13 12:49
I can tell you neighborhoods where people would work together do exist. We all come to the table with complementary skills. We all garden and raise chickens. We have similar beliefs and realize that hurting one another would be a detriment to the group’s survival.

Sounds like you need to move or find a bug out community. What do you have to offer them?
+3 # You must be kiddingJessiebeaner 2023-05-13 13:08
Tittiger only ever addresses humanity as if all of humanity were the fodder under his feet, totally unworthy of the life they have been given by their creator.
He needs to live alone, FAR FROM HUMANITY.
+1 # Many placesell 2023-05-13 20:40
I think most places are how he describes it. It is only those neighborhoods that are more afraid of where they spend eternity than daily needs that it would work. If you don’t believe in God, there is no reason for every man to just be out for himself.
+1 # RuralKali K 2023-05-13 12:20
Do your neighbors at least have a garden? Or know how?
+3 # RE: OFF TOPIC: HAL'S COUNTRY NEIGHBORSclove 2023-05-13 12:13
Yes. Frozen meat and food will not cut it. It's time to empty out freezers. Use the food now, and prepare for a summer of rolling black outs. Non perishable food will maybe be all there is. Not one of us is properly prepared.
+8 # canningtim v 2023-05-13 14:20
I'm an aging, retired army guy. I taught myself to can fish the night before last so that I would have a way to preserve fish with-out power. I had never canned a thing before in my life but I canned 8 pints of buffalo fish, a type of fish I normally wouldnt keep and last night I fried patties made from them and they were better than any salmon, mackerel or tuna patties I've ever had...and the bones were nonexistant. If I can teach myself to do this, anyone can. God bless!
+4 # Start pressure canning your meatJessiebeaner 2023-05-13 13:46
Easy enough
Good youtube channel is ROSERED HOMESTEADING

# RE: Start pressure canning your 2023-05-13 14:31
Great idea…
and for those not comfortable w/canning there is a veteran-owned company that markets “clean” freeze-dried beef. A bit pricey but the convenience of ready to use (add water) and portability of these packets vs glass jars may be a better fit for some on this forum.
We plan to purchase a small quantity which we will break down into smaller bags (ala seal-a-meal) and divide them amongst our individual backpacks.

If interested, check for any discount code that applies…
+1 # Re: Freeze Dried BeefEyez2C 2023-05-13 21:11
If you are buying freeze dried meats (of any type) the best way to keep it is to use Mylar bags with Oxygen Absorbers. It is the best way to protect the Freeze Dried product from light & oxygen. Harvest Right is the maker of commercial & personal freeze dryers, and this is their recommendation. Have used this method & it is far superior!
# RE: Re: Freeze Dried 2023-05-13 21:25
That’s right. Here’s a link for yt tutorial on adapting a Mylar bag for closure on a “seal-a-meal” style appliance.
+3 # Longer shelf life meat in cansMushFace 2023-05-13 18:00
If you'd like some great canned meat that will last 5 years or more, try some Keystone meats. The beef chunks are so tender and yummy!
# RE: Longer shelf life meat in 2023-05-13 19:22
Thanks for the link. As long as product is available we continue to sample/check new sources. Too soon there will be none available at any price.
+3 # RE: Social Security Payments May Be "Interrupted" if US Defaults on Debts by June 1clove 2023-05-13 12:03
Back when Social Security started, it was not mandatory. Most did not sign up for it. My family did. They were told it was a supplement to whatever they saved for retirement. Because most didn't sign up for it, it was then forced on Americans. But it was never meant to be an all inclusive retirement plan.
+1 # IT WAS SIMPLY A STING OPERATION!Plowboy 2023-05-13 19:47
It was only intended to rob you of 25% of your income. There is NO Social Security "TRUST" fund. THEY SPENT IT ALL!!
+5 # It's not your MoneyActionFrank 2023-05-13 11:47
Flemming v. Nester (1959) Supreme Court ruling that settled in 1960, openly admits that the government lied, FDR lied, the New Deal was a lie. They stated several times, (Gov won the case) that social security is a TAX.

Dude was a commie, got shipped back to the eastern block after living in the US as a spy for over 20 years. He sued the US for violating his fifth amendment to due processes and that for 20 years he "paid" into social security, thus entitled to his first tier of SS bennie.

Gov very clearly admitted that the whole idea was sold as a lie, and that he was not entitled to any monies since it is a TAX. Feds even admitted, (even back then) that the money taken out of our pay check was spent the second it was taken. So even if he was entitled to damages, he wasnt getting it, as it was already spent.
# its all 2023-05-13 11:57
and t lies only work on pathetic, complacent, stupid, ignorant, and cowardly people....

Exactly what almost all Americans have become.
+7 # $4 TrillionLoki 2023-05-13 11:43
The U.S. pulls in $4 trillion each year, so yeah, they can continue paying for a lot of things, including social security payments. But they won't. The globalists, many of whom are American, don't care about the nation state and want to rip apart the U.S. now that they've used it to carry out their plans for world gov't. Prepare to fight to the death.
+2 # Limit will be raisedDwilliamsDDS 2023-05-13 11:34
This is all default will happen. Neither side of the isle really wants to fix the issue so the can will be kicked, again, down the road.
+2 # RE: Limit will be raisedJFY 2023-05-13 11:45
Unless the time has finally come to pull the plug.

You know, "The Great Reset", Deagel Report, etc.
+4 # Key WestLoki 2023-05-13 11:44
We're at that point at the end of the road in Key West where the sign says "90 miles to Havana."
+8 # RE: Social Security Payments May Be "Interrupted" if US Defaults on Debts by June 1clove 2023-05-13 11:32
If they would have just saved the money most baby boomers put in social security for in most cases 44 to 49 years each....the system for SSN payouts would be over flowing with money. Instead they cheated and spent the money. There would have been enough money in there to share with disabled persons through their lives and retirement. They began to dip into the funds decades ago. They overspent and stole from Americans. We knew this day would come. They've used American's money for so many frivolous purchases. As stupid as buying cell phones (that don't even work) for Americans and now illegals.
+11 # Shock and AweWillys-M38A1 2023-05-13 11:23
Shock and Awe coming to America. Are you ready in more ways than you can even think and count? Hell is coming to America. Pay back time as a once great nation is taken down never to return. Get right with God he is not on our side this time just with God fearing individuals left in America. Happening before our eyes. Total lawlessness prevails. Thanks Deep State Hell awaits you.
So I am supposed to get exited that if they do pay me 1/5th of what my investment should return? (a 2% ROI)

That is the actual degree that we are being raped, even if they do hand out the chicken feed payments to us.

The thing is that this was designed from very the beginning to keep retires poor -- because the poor become dependent on government.....

Dependent for food stamps.
Dependent for energy assistance.
Dependent for Obama Phones
Dependent for property tax rebates...
Controllable in other words.

Soon they will require the JAB to get any of these benefits.

FDR was a fuking communist and the American people accepted this fuking communist plan to enslave them.

Sometimes I wish I was born in a country with sane, educated people rather than this POS country and it's POS dumb as fuk citizens.
-2 # Kissed once fuked 2023-05-13 11:00
The US government has never failed to fuk it's people. (a people that are usually too fuking stupid to even see that they are being violated)

Lucky as hell are the government employees in Galveston Country Texas that were the among the last to escape this COMMUNIST "social security system".

(my Amish neighbors have also escaped it's clutches)

Why you may ask?

Because in Gaveston TX there actually is a fund and the investments of that fund return a 400% to 500% better return than the serfs that were forced at gun point to pay 15% of their income into social security -- a fund that by law does not even have to pay you anything in return!!

Americans are dumb fuks is the only conclusion that one can come to.

Perhaps as illustrated in Hals show last night,
people that will be left with ZERO income may have to resort to burning government officials out of their fuking homes to get their attention.
+4 # Tell us...ALsPAL 2023-05-13 11:59
Hey Joe, quit holding back and tell us how you really feel.
+4 # #blame gameTim421 2023-05-13 10:56
I believe the Dems would love this to happen to blame MAGA. I am sure all the media have their scrips ready and it will probably work.
# waking upLoki 2023-05-13 11:45
Most people are starting to wake up. Once this thing kicks off, 90% will have woken up and ready to fight.
# RE: waking upDonS 2023-05-13 16:34
Quoting Loki:
Most people are starting to wake up. Once this thing kicks off, 90% will have woken up and ready to fight.

We can only hope they do !
# "Most people are starting to wake up. Once this thing kicks off, 90% will have woken up and ready to fight." 2023-05-13 12:21
and how the fuk are they going to fight when they lack the physical conditioning?

When they don't even have the weapons necessary, because our Satanic government has made them illegal and your POS pastor has gone along?

When logistically they can not win?
Because they will all have trouble even feeding themselves much less their families.

If we began today it would take at least 5-10 years to develop a decent militia.

The 90% that you talk about fighting are stupid as it gets if they think that they will prevail or be effective.

Your position is delusional as merely having small arms is not going to win any war.

To do that you need training, logistics, and the weapons of war.

We don't have any of those things!
+8 # Tip of the iceberg...WilliamtheResolute 2023-05-13 10:53
When this pig goes tits up it's gonna get real. The money stops, food stamps stop, psychiatric drugs're either ready or you're not. Personally, I don't think anyone is prepared enough for the unknown...keep praying.
-4 # Don't forget the 5th 2023-05-13 12:28
Don't forget the "unintended" 5th columns like the 10 million illegals that came in this year.

If I were the government, I would promise millions of these illegals, food and life, if they helped the government take the guns from US citizens.

And this is likely what many of them will be used for.

FYI we need a fuking hell of a lot more than prayer.

Its is relying exclusively on sitting on our asses (prayer) and doing little else that got us here in the first place.

If you have not figured it out yet, "modern Christianity" is completely controlled by the globalists and serves them more than anything else.
+3 # Some growing pains are necessary...MissinD60s 2023-05-13 10:51
I hope there is a default. The resultant pain n shock will help wake up n save more people.

On a side note, the current Southern boreder migration weapon being paid for w/our Welfare $$$. Watch what happens once those promised freebies disappear for all those invaders.

The war is upon us. Let it start now, before tens of millions more combatants are staged n armed BY OUR OWN TREASONOUS GOVT, all around CONUS.
-3 # "waking up" is not going to save a single 2023-05-13 12:31
Waking up means you now have a woke up ignorant child.

It is not going to matter how woke up they are, we do not have the means, or the knowledge, to win this battle due to THEM going along for the past 50 years.

You do reap what you sow.

We are going to reap massive death regardless of how many dumb asses "wake up".
+2 # Par for the course… 2023-05-13 10:49
Boomers & Vets targeted first….
So many seniors living benefit check to benefit check….how are they to prepare for a disruption in a matter of days???
Locally we see lots of 70-somethings as hourly workers at entry-level jobs where young adults once were in the majority. GenZs don’t or won’t work.

Now we see the a$$wipe mayor of NYC is evicting homeless military vets to make room for recent arrivals from FJB’s border fiasco!?!
+3 # RE: Social Security Payments May Be "Interrupted" if US Defaults on Debts by June 1OVERCOMER 2023-05-13 10:35
The LEFT-WING-NUTS will blame TRUMP!!!!!
+5 # RE: Social Security Payments May Be "Interrupted" if US Defaults on Debts by June 1Avanarts 2023-05-13 10:35
For most of my working life I was told that my Social Security payments went into a "trust fund" for my retirement. I never really believed that, but that's what my generation was told.

It was not until I was near retirement that they admitted that Social Security was considered an "unfunded mandate."
-8 # bull 2023-05-13 11:10
"....It was not until I was near retirement that they admitted that Social Security was considered an "unfunded mandate."....."

From day one this was recognized by many for what it was.

Anyone that can do math can figure out that the 2% ROI amounts to theft and rape!

We miss the causative factor here and that is the 12 year long Communist indoctrination that we are all forced at gun point to attend.

If we actually educated our children, rather than allowing Caesar to do so, much ot this would not even be happening.

Only a stupid and uneducated people would have gone along with "social security".
-6 # 2023-05-13 11:05
And what did "your generation" do?

Not a fuking GD thing!

They acted like the USELESS, de-nutted serfs that Americans have become.

They were so GD stupid that they could not see that the ROI was 2%!

Or that they were only going to be paid 1/5th of what they were due for the amount that they paid in!

This is Socialism/Communist clear as day with Americans too fuking stupid and cowardly to do a thing about being treated like cattle and slaves.

Welcome to the Communist country that the "greatest generation" (my ass) created.
+5 # Same script, different yearunixguru24 2023-05-13 09:53
Every time they decide to use the debt ceiling as a distraction, the same quotes come out, nearly verbatim. Only the names change.
+1 # Yes and....Jonesy042 2023-05-13 13:14
Quoting unixguru24:
Every time they decide to use the debt ceiling as a distraction, the same quotes come out, nearly verbatim. Only the names change.

I agree with you. However, one of these times its going to be for real. As I look around me in every direction things are much worse than since the last time this was announced. It could be for real this time around. That shouldn't surprise anyone. We have been lulled to sleep with media mind programming which the enemy wishes to produce cognitive dissonance so everyone will be caught off guard.


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