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[quote=Anonymous][quote=Anonymous]Here we go, folks.

“The Treasury Department on Friday said that it will begin “extraordinary measures” next week to prevent the United States government from defaulting on its payment obligations, as lawmakers in Washington prepare for a potentially devastating fiscal showdown.
In a letter to congressional officials, Treasury Secretary Janet L. Yellen said the administration would on Jan. 19 begin repurposing federal funds to extend the date by which the government will run out of money. Congress must pass a law raising the debt limit from its current total of $31.4 trillion or the Treasury can’t borrow any more, even to pay for spending lawmakers have already authorized.”
https://www.washingtonpost.com/us-policy/2023/01/13/debt-limit-extraordinary-measures-treasury/[/quote]

I sure wish Democrats had taken care of this during the lame duck period in December.  But—for some mystifying reason—they didn’t.  Now we get to watch Joe Biden prostrate himself and agree to draconian cuts in Social Security in order to appease Republicans and avoid catastrophe.[/quote]

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