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Entries by Nancy Altman from 07/2011

Third Way Is No Way for Social Security

| Posted 07.13.2011 | Politics

Here are the facts, stripped of political spin. Social Security has no borrowing authority. Cutting its benefits does not change the amount of federal debt subject to statutory limit by a single penny.

Disentangling Social Security From the Debt Ceiling

| Posted 07.20.2011 | Politics

Social Security appears to be a key bargaining chip in the struggle over the debt limit. But the truth is that Social Security checks can go out, in their full amount, without adding a penny to the federal government's total debt.