A Modest Proposal to Avoid Debt Limit Disaster |
July 19, 2011 | July 2011 Bond Updates |
On Saturday, the Wall Street Journal pointed out that the Social Security trust fund includes trillions in securities, representing past surpluses plus interest. They asked: <blockquote> Why can't Congress or Mr. Obama dip into that $2.6 trillion cash hoard to pay benefits until this debt-limit business gets sorted out? </blockquote> |
View more at: http://blogs.forbes.com/leonardburman/2011/07/19/a-modest-proposal-to-avoid-debt-limit-disaster/ |
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