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Delayed Social Security Payments May Prevent Default But Would Cause Disaster

admin julio 29, 2011 United States No Comentarios
Delayed Social Security Payments May Prevent Default But Would Cause Disaster

NEW YORK — As the Treasury Department prepares to hit the swiftly-approaching debt limit with no agreement to lift it in sight, fears are growing that the government might opt to skip the next round of Social Security payments.Experts warn that the program is such a vital source of support for so many low-income and elderly Americans that even one delayed payment could trigger a domino effect, sending millions of households into delinquency on a broad range of…read more.

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