Fact Checking the Post's Fact Checker on the Debt Ceiling

Glenn Kessler has a useful column assessing Senator Rand Paul's claims about how default could be avoided if we reached the debt ceiling, however he does get one important item wrong. The piece implies that it would be possible to save money to pay debt service or other top priority items by not making Social Security payments.


This is not true. The money held by the Social Security trust fund is part of the debt subject to debt ceiling. If money is not paid out to Social Security beneficiar...

 •  0 comments  •  flag
Share on Twitter
Published on October 13, 2013 06:43
No comments have been added yet.


Dean Baker's Blog

Dean Baker
Dean Baker isn't a Goodreads Author (yet), but they do have a blog, so here are some recent posts imported from their feed.
Follow Dean Baker's blog with rss.