Post AVqrzEWfoH52B02Trc by Toniboloni@c.im
 (DIR) More posts by Toniboloni@c.im
 (DIR) Post #AVql6lG7oA402nwPdg by lauren@mastodon.laurenweinstein.org
       2023-05-20T15:10:23Z
       
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       Biden shouldn't negotiate with GOP political terrorists who are holding the economy hostage. Take the 14th amendment route. It's going to happen sooner or later, let's test it now.
       
 (DIR) Post #AVqrV19Wy0fG0po3Fo by bobwyman@mastodon.social
       2023-05-20T16:22:00Z
       
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       @lauren One alternative would be to continue to make payments on the debt while shutting down all other government spending.
       
 (DIR) Post #AVqrvRACsiTaDGiiie by matt_panaro@octodon.social
       2023-05-20T16:26:42Z
       
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       @lauren so on the one hand, I definitely agree with you; but on the other: I do wonder/worry if Biden's taking any sort of "extraordinary" (by which I mean, "never been tried before") measures won't end up resulting in a similar/the same outcome as if default actually occurred…
       
 (DIR) Post #AVqrzEWfoH52B02Trc by Toniboloni@c.im
       2023-05-20T16:27:27Z
       
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       @lauren @janetate I’ll admit I don’t fully understand this 14th amendment option, but if it can bypass this GOP nonsense until we have a democratic house again in 2024, I say go for it.
       
 (DIR) Post #AVqupHd7iKk2lo0Fnc by lauren@mastodon.laurenweinstein.org
       2023-05-20T16:59:15Z
       
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       @bobwyman You mean like stopping security security payments? Uh ....
       
 (DIR) Post #AVquzafLnHCohkxYUC by lauren@mastodon.laurenweinstein.org
       2023-05-20T17:01:11Z
       
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       @matt_panaro Maybe. Maybe not.
       
 (DIR) Post #AVr5ZJGuwP9QizCbEO by timbo@mastodon.sdf.org
       2023-05-20T18:59:05Z
       
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       @lauren Test? Do it. Biden has as much right to interpret the constitution as this Supreme Court.
       
 (DIR) Post #AVrLdyM7jSdQZLsmrg by bobwyman@mastodon.social
       2023-05-20T21:59:36Z
       
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       @lauren Social Security payments do not, and by law cannot, increase federal deficits. They are covered either by prior savings or current revenue.Note: Given today's federal fiat money, rather than the commodity-backed currency we had when Social Security was first created, it is actually kind of silly that we still have a "Social Security Fund," nonetheless, given current law, one cannot claim that social security payments increase the deficit.https://www.epi.org/publication/social_security_and_the_federal_deficit/#:~:text=Social%20Security%20can,to%20be%20cut).
       
 (DIR) Post #AVrLxp63roE1e0pqEa by lauren@mastodon.laurenweinstein.org
       2023-05-20T22:03:22Z
       
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       @bobwyman Yet the administration says forcefully that social security payments would be in jeopardy if there is a default, and there seems to be widespread agreement on that point.