Social Security Cards Colorado
Any American half-watching the news over the past few weeks is bound to know about the debt ceiling crisis facing the United States. In recent weeks, Republicans and Democrats have failed to come to a bipartisan agreement on how to handle the issue.
The United States federal government is expected to hit its debt ceiling, the maximum amount it is allowed to borrow in order to pay its debts, very soon. Exactly what day? Well, no one really knows. According to Treasury Secretary, Timothy Geithner, that date can only be projected based on expected tax receipts, timing of payments, and the amount of cash reserves available.
Some expect that day to be August 2nd. And on the front lines of those worried are the thousands of Social Security recipients who expect checks on August 3rd.
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