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De Omnibus Dubitandum - Lux Veritas

Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts

Friday, March 28, 2025

Observations From the Back Row, With News and Views for March 27, 2025

By Rich Kozlovich

The nation is in a third revolution, we really need to get that, and the federal judiciary is leading the opposition.  While Trump won two court battles, it's not over, and there have been victories that were overturned, and the battle is in no way over. 

The DOGE subcommittee chaired by Marjorie Taylor Greene, is going after funding for NPR, PBS, attacking their clear left wing bias, noting there were "87 registered Democrats in its news room, and zero registered Republicans. What are the odds?"  They have the right to spew out all the leftist clabber they choose, but not on the taxpayer's dime, and it isn't like they're hurting for money, Sesame Street Has $559 Million, "$187 million in revenues and a million dollar salary for the CEO", so when they quack about how they Republicans are killing Elmo and Big Bird, it's just quacking.  

There were 70 Christians beheaded in the Congo, and that's wasn't an isolated event.  In June of last year For example, in June 2024, the ADF, which is an Islamist group, slaughtered 150 Congolese civilians, many of whom were Christians", and what do we hear from the media?  Crickets, and claims of Islamophobia.  

But the left and their myrmidons in the media have much bigger fish to fry, like Signalgate, an absolute scandal, and everyone should resign for such a breach of security.  As Vice President Joe Biden illegally had classified documents in his garage, where Chinese nationals may have been able to access was just small potatoes to this.  Except everyone gets it, this is a sham.  Nobody outside D.C. cares about signalgate!  No matter how much the Left rants and froths at the mouth, this is much ado about nothing.

There has been four bright spots I would like to highlight.  

Now, for some less than bright news.  The budget is going to be a constant crisis over the next two years, and hopefully after the mid term elections things will get smoother, but as for now, according to the CBO, the Congress is facing debt default, and the need to raise the debt limit is a tool the Democrats plan to use to get what they want, which I'm sure will include ending DOGE investigations, which if allowed to do what is intended, I believe can cut spending by a trillion dollars by the end of the year.

The Middle East is a disaster, and the demonstrations in Turkey are being called  ‘Street Terrorism,’ by Erdogan, and claims it's coming to an end.  Maybe and maybe not, one thing is clear Turkey wants him out, and this kind of uprising isn't conducive to a settled nation. 

The Houthis have threatened Saudi Arabia and United Arab Emirates with violence because they're upset over, well ________fill in the blank, but Iran is scared and has asked them to tone it down, but that's not going to happen and Trump intends to destroy them.  

Gazans need to be gone, and it's happening, and recently there were demonstrations by Gazans against Hamas.  But make no mistake, it's only because Israel had enough of Hamas's chicanery over hostages and ended the cease fire saying they would only negotiate while destroying Hamas and a lot of Gaza from now on.   It wasn't just a couple of weeks ago they were all dancing the streets while the coffins with the bodies of small Israeli children were paraded thorough the streets.  There are no innocent Gazans, period.    The United Arab Emirates has offered Egypt several billion dollars to take in between five and seven hundred thousand Gazans, and they said no.  Trump said they'll do it or lose billions in aid.

Will there be a new Abrahamic Accords soon?  I believe so, these Arab nations, no matter what they're saying publicly, hate all the fanatical groups, even while giving them money.  Islam is are really mixed bag, and this Arab/Islamic unity claptrap is now and has always been a myth. 

Is there a new Asian bloc in the making?  That's a question that matters, as I subscribe to George Friedman's view the world in an "unanchored" state because the Russo/Ukrainian War is what really ended the cold war since it's clear there is no way Russia could attack Europe and survive.  The focus will turn to the Middle East and Asia.

What I don’t understand is this penchant for America’s leaders to bail out China economically.  It’s the scorpion and the fox story, why is that so hard to get? China will always be China just like Islam will always be Islam, neither of which will stop being who and what they are, but only as long as they can afford to be who and what they are. 
 
I prefer an international policy of bankruptcy for the enemies of America and western civilization, and that would include a lot of western nations, which is a far more effective plan than funding our demise as we’ve been doing since Nixon opened China to world trade.
 
While it's true nations change in order to meet challenges, their history never changes, and is so often the basis for understanding their foundational social paradigms.  China, in spite of their atheism, foundationally believes it has a mandate from heaven to rule the world.
Mao destroyed China’s economy and we were doing just fine, and if it crashed again, we’d do ever better.   Bankrupt tyrants don’t start wars against economic giants. 
 
One more thing, Australia!  It appears China’s sending a lot of immigrants there and will soon be able to have a major impact on their governance, and that appears to be part of Australia’s "Asianization" plans potentially going back to the 1980’s, and the white colonialists will soon be a minority, and it seems to me Australia will be a security threat to American interests since we have defense agreements with them including the sharing of intelligence under the “Five Eyes agreement” with Britain, Canada, New Zealand, and Australia.   As for me, I would share the time of day with the lot of them let alone intelligence.

News and Views for March 27, 2025

China

Reported Arrests of China’s Top Military Brass Indicate Political Crisis, Experts Say - Some analysts have said that the purge suggests that political infighting within the communist regime has intensified.  In what has been described by one China expert as potentially among the “most dangerous developments in the world today,” Gen. He Weidong, the third-in-command of communist China’s People’s Liberation Army (PLA), and several other military leaders, have reportedly been arrested amid the Chinese regime’s ongoing military purge.......

 2 More Senior Commanders Ousted as CCP Continues to Purge Top Brass -  An ongoing purge of top defense personnel by the Chinese Communist Party (CCP) has ensnared two more high-ranking military commanders.  The two top commanders were removed from their positions at the National People’s Congress (NPC) on Dec. 25, according to a statement from the standing committee of the NPC.........

My Take - For those who don't know the Chinese military is notoriously corrupt, and to a degree a bit semi-autonomous. The understanding between the CCP and the Chinese military has been don't look too closely at what we're doing and we won't interfere with what you're doing.  I thought was, given Xi's penchant for absolute control, that's a duck that just don't quack, and Xi must have hated it.  Well, I'm guessing of course, but it would appear he's found a solution for fixing that.

Exposed: The CCP’s Operation in Minnesota -  The following is a joint investigation by the Breitbart News Foundation (BNF) and the Government Accountability Institute (GAI).  On the 1300 block of North Eustis Street in St. Paul, Minnesota, a ten-minute drive from the Governor’s Mansion, sits a brutalist brick building that houses a secret Chinese Communist Party (CCP) front operation that serves several functions for the CCP — none of them good for the United States............
 
Meet the CCP’s ’Security Liaison Officer Still-active U. of Minn. Email Account Listed on Official CCP Website - The following is a joint investigation by the Breitbart News Foundation (BNF) and the Government Accountability Institute (GAI).  From a single brick building on North Eustis Street, a web of pro-Beijing nonprofits and businesses collaborate with the Overseas Chinese Service Center of Minnesota (Minnesota OCSC), which works directly with China’s United Front Work Department. The Breitbart News Foundation’s joint investigation with the Government Accountability Institute blew the lid off of this network in Part I of this series...........
 
 Experts Tell Congress: As Many as 40,000 Children Trapped in China-Dominated Africa Mining Nightmare - A panel of experts testified to the House Foreign Affairs Committee on Tuesday that Chinese companies mining for “green” energy minerals throughout Africa – particularly in resource-rich countries such as the Democratic Republic of the Congo (DRC), are creating a “catastrophic and unacceptable” situation for locals......
 
The Crockett Conundrum
 
Editor's Note:  Just when you thought it was impossible for anyone to get ahead of AOC in the nitwit brigade, and then along comes Jasmine Crockett, who the Democrats think is Presidential timber.  Normally this would be under the Democrat category, but Jasmine is special, and for now she's getting her own category. RK
 
Jasmine Crockett, Queen of Ghettospeak - I’ve spent a good bit of time in Dixie. After all, for at least ten years I was an exhibitor at fairs, shows and expos throughout the South. I have great memories of my times in the South and had some great friends and acquaintances there.  Although I was clearly a New Yorker, and was even jokingly called a carpetbagger (because I was down there to peddle my wares and make money), I was always treated well and warmly, perhaps even better than some other Northerners because, as some of my friends once explained, “You’re not one of those Damn Yankees who come down here and Y’all us to death!”.... 

 

 
What Jasmine Crockett's Comments on Abbott, Among Other Things, Says About Democrats -Rep. Jasmine Crockett seems to be trying to compete with AOC for the title of dumbest Democrat in the House of Representatives. I didn't think I'd live to see the day that AOC would find someone she could win when comparing intelligence with someone else outside of a special needs classroom, but here we are. ............
Jasmine Crockett Gone Wild: Texas Democrat Claws Her Way to Become Superstar of Broken Party - Jasmine Crockett was not a well-known name in 2023 or really, in 2024, but she is busying herself making headlines with her bombastic and controversial remarks, clawing her way to the top of a party left in complete shambles after the last presidential election.....
 
“It’s Bulls**t!”: Democrat Dimwit Jasmine Crockett Shrieks at GOP for Wanting to Cut NPR and PBS Funding - Democratic Rep. Jasmine Crockett unleashed a profanity-laced tirade at Republicans during a Wednesday hearing on National Public Radio (NPR) and the Public Broadcasting System (PBS). The House Oversight Committee’s Subcommittee on Delivering on Government Efficiency held a hearing titled “Anti-American Airwaves: Holding the heads of NPR and PBS Accountable” during which Republicans questioned continued taxpayer funding for the media outlets. Crockett, who has a history of launching personal attacks on Republicans since she was elected in the 2022 midterm elections, ranted about the Department of Government Efficiency (DOGE) when recognized by Republican Rep. Marjorie Taylor Greene of Georgia, who chairs the subcommittee..................
 
Jasmine Crockett Calls Harm Caused by Trans Athletes a ‘Distraction’ - Texas Democrat Rep. Jasmine Crockett is completely dismissing the harm caused by transgender athletes, is calling the issue nothing but a “distraction,” and insisting that trans athletes in women’s sports harm no one. Crockett was mainly triggered by the division inside her own party over the issue and insisted that Democrats need to be united in favor of transgender athlete inclusion, Fox News reported.  “In this election, we allowed ourselves to be divided,” Crockett said, scolding her own voters. “We allowed them to distract us, and we allowed them to talk about the trans folk.” ........... For her part. Crockett is emerging as the radical voice of the Democrat Party as the left-wing party finds itself bereft of leadership and a direction forward after being devastated by Donald Trump’s soaring win of a second term in the White House.
 
DEI Rep Jasmine Crockett Starts Cussing & Makes DOGE Hearing About George Floyd | Drew Hernandez -  DEI REP Jasmine Crockett turned a House DOGE hearing about exposing PBS and NPR funding into her own personal circus, unleashing a ghetto profanity-laced tirade. Apparently, “bullsh*t” is her go-to policy critique. She dragged George Floyd’s name into the mess, as if anybody actually cares, proving she’s less a lawmaker and more a ghetto queen fishing for relevance.......
 
Democrats
 
 
CA Dem Defends Health Insurance for Illegals — Even When State Can’t Afford It - On Tuesday’s broadcast of NewsNation’s “Cuomo,” Rep. Brad Sherman (D-CA) discussed the state’s Medicaid shortfall and said that California is “fine.” But “The depression in the stock market will hurt California over the next ten years.” And that the state has to provide Medicaid to illegal immigrants “so that we all don’t get infectious diseases.”......
 
My Take - Okay, so this is a tacit acknowledgement these illegals are bringing in infectious diseases that's now impacting the actual citizens of the United States....did I get that right?  If that's so, and it is, why would we believe the answer is more spending versus keeping them out, and kicking out those who are here illegally.  Or...did I perhaps I miss something in the facts and logic offered?  RK
 
Rep. Pressley Thinks the Trump Administration Is Too White - Ayanna Pressley thinks the Trump administration is too white. She thinks he’s segregating America. “The Trump cabinet is on track to be one of the whitest cabinets in history!” says Pressley.   Because President Trump is removing anti-white DEI ideology from government, she predicts he will deprive black people of care, including veterans.  Ayanna makes no sense.
 
Of AOC, Oligarchs, and Rent-a-Mobs - Thanks to the wonders of modern technology, we are told that the large crowds appearing at the Bernie Sanders and Alexandria Ocasio-Cortez rallies, where they rant about evil oligarchs, consist mostly of career leftist protesters..........
 
Up is down, down is up! - The Democrat party is broken and lies smoldering on the political battlefield.  Liberals today are bewildered and suffering from an acute case of Trump Derangement Syndrome (TDS) which causes them to embrace one stupid idea after another.  Under the happy Biden presidency, Dems thought it was a super-duper-great idea to open our borders and allow 10 million unvetted illegal aliens to waltz into our country..........
 
Do trans people expect us to abandon common sense? - There’s an awful lot of outrage on the news and social media from transgenders and transexuals.  They’re claiming that President Trump’s support of a two-sexes description of humanity is putting them in danger.  Some are calling for violence against anyone who tries to stop a man, dressed like a woman, from entering ladies’ rooms.  Others are threatening to assault anyone who uses the “wrong” pronoun when addressing them.  We’ve seen videos of confrontations between trans people and those who refer to them by their true sex.  Tik Tok is replete with video warnings and death threats against people who dare to defy this new definition of reality.........if a bearded man, wearing a dress, stockings, and high heels, walks up to you and introduces himself as Mary, you may be risking a punch in the face if you display shock or confusion.  Moreover, if you address him as “Sir,” you could end up dodging bullets.



 
Middle East
 
Mike Huckabee and a turning point is US-Israel relations History is catching up to truth.  With President Donald Trump back in the White House and Senator Marco Rubio now serving as secretary of State, the United States is reclaiming moral leadership on Israel policy.  The Biden administration’s era of equivocation and appeasement is over.  No more diplomatic gymnastics, no more erasing Jewish history with politically expedient language.  The region long mislabeled the “West Bank” is being properly recognized for what it truly is: Judea and Samaria, the biblical heartland of the Jewish people......
 
Europe 

In Denmark, Americans have become 'the deplorables' - Back in September of 2016, then U.S. presidential candidate, Hillary Rodham Clinton, told all Americans that those of us who supported Donald Trump were nothing but a "basket of deplorables" -- unacceptable humans --  who, if they got their way, would bring down all of the U.S.'s institutions, culture, Constitution, and be the start of a wholesale abandonment of American basic values. ...........
 
Irish Government Considers Charging Conor McGregor for Inciting Hate With 2023 Social Media Posts -  Criminal investigators reportedly sent a referral file to federal authorities about McGregor's alleged incitement to hatred.  Irish government entities are considering charging former UFC champion Conor McGregor with hate speech-related violations over social media posts from November 2023.  The Irish Independent said it confirmed that specialist officers within the Irish National Bureau of Criminal Investigation conducted an inquiry and sent a file to Ireland's director of public prosecutions. The DPP conducts criminal prosecutions on behalf of the state and is comparable to the U.S. attorney general................

 Former British Soldier Jailed for Facebook Posts as Rapist Avoids Prison Due to “Overcrowding” - A UK judge has sentenced a former soldier with PTSD to two years in prison for posting "anti-Islamic" messages on Facebook, just months after permitting a convicted child rapist to avoid jail time due to the ongoing prison overcrowding crisis.  A UK judge has sentenced a former soldier with PTSD to two years in prison for posting “anti-Islamic” messages on Facebook, just months after permitting a convicted child rapist to avoid jail time due to the ongoing prison overcrowding crisis...........

MTG Tells UK Reporter to Go Back to Her Country -  “What country are you from?” Rep. Greene asked the Sky News reporter, who responded, “From the UK.”  “Okay, we don’t give a crap about your opinion and your reporting,” MTG told her, adding, “Why don’t you go back to your country where you have a major migrant problem.”  There reporter tried to interject....... “No, no, no, you should care about your own borders,” MTG said.  She asked her about all the women in her country raped by migrants...............

 Who will thaw the Arctic? March 26, 2025 - The Arctic Council comprises eight Arctic states: Canada, Denmark, Finland, Iceland, Norway, the Russian Federation, Sweden, and the United States, plus six Permanent Participants representing indigenous people.  It was established on September 19, 1996, when the founders signed the Ottawa Declaration. So far, this group has done little to develop the region, which has remained a blank spot on the world map.  President Trump recently stepped in, but besides unfriendly takeovers by the U.S. of Greenland and Canada, there is another way that is good for all other A.C. members — and, actually, for every other nation in the world, since it will concentrate on win-win cooperation instead of endless wars.........

 UK Defence Minister: America Has a Point on Europe Being ‘Pathetic Freeloader's - While the default European position on purported leaked messages calling their defence policy pathetic freeloading has been outrage and despair, the United Kingdom accepts “the Americans have absolutely got a case” on lack of military spending on the continent...........

Social Security

Fix Social Security With American Principles -- Ownership - The speed and seriousness with which Donald Trump is shaking up Washington has everyone's head spinning. If the president called me and asked my advice how he should explain to the American people what he is doing, I would say he should tell every American to read our Declaration of Independence............
 
Trump
 
Declassifying Russiagate - My interest in declassifying the JFK papers couldn’t be measured by a microscope. I predicted that there would be nothing there and… surprise, there was nothing there. Not that it would matter if there was anything. Ditto for UFO’s, Bigfoot or anything else you want. Frankly, we live in a world where there’s an audio tape of MLK at a gang rape and it has changed absolutely nothing including his annual day off work. (Yes, it’s an actual thing that happened and it got less headlines than an influencer grabbing an animal for a photoshoot in Australia. Similarly, we have evidence of sexual assaults involving JFK which occasioned less public and media interest than a zoo gorilla being shot to keep it from killing a kid.)
 
Trump’s executive orders have big leftist law firms running scared - In his first term, some of the biggest law firms in America actively worked to destroy the Trump presidency. Now that President Trump is back, he has called out those firms and placed limits on their access to his administration. Suddenly, big leftist law firms aren’t that interested in destroying Trump anymore. As conservatives know, some of the most aggressive action against Trump in his first term came from lawyers at large, leftist law firms, especially Andrew Weissmann, who worked at Jenner & Block between stints working to destroy Trump, the entire firm of Paul, Weiss, Rifkind, Wharton & Garrison (“Paul, Weiss”), and Marc Elias, of the Elias Law Group...........

Monday, March 17, 2025

Get Out of Debt Card

By Rich Kozlovich

(Editor's Note:  I originally wrote and published this article on January 30, 2013 and May 2, 2017, and I decided to publish it again today as a result of this very excellent article, DOGE takes on the Social Security monster, by Monica Showalter about the corruption leading to bankruptcy at the Social Security Administration, and it seems I have to keep publishing it.  RK)  

What is the news worth knowing and why don’t we know it?  Let’s just deal with domestic issues, primarily the budget and the nation’s debt.  There is more hot air circulating about this than there is even about Lance and Oprah.  Most of it meaningless because the economy really is far worse than the main stream media reports and important facts are being ignored by those in leadership positions!  Why?

Let’s start with the cost of regulations, because they will amount to the same thing to business and the consumers, higher costs.  It was estimated that it would cost the American consumer 1.75 trillion dollars to pay for the regulations imposed by the federal government.  Although that number is disputed because of the way in which that figure was computed, it has to be recognized that it is high and we know it is growing.  And it is the consumer that pays those costs, because as businesses costs go up prices go up.  At least until the costs get so high that they go out of business because the consumer can no longer afford it.   

According to Warner Todd Huston  on January 16th there has been an increase of  $518 Billion in Regulations Since Obama Took OfficeHe goes on to say:

Despite Obama's promise to cut unnecessary regulations, his administration issued $236.7 billion in new rules in 2012.   According to a report by the American Action Forum, headed by former Congressional Budget Office Director Douglas Holtz-Eakin, the direct costs of the regulations force American businesses to waste 87 million man-hours to fill out regulatory paperwork. Adding Obama's 2012 regulatory costs to that of the rest of his first term adds up to a total of $518 billion in new costs forced onto an already anemic economic recovery. ….
 
Indeed, in 2011, Obama released a plan claiming he would cut regulations and reduce the burden on the business sector. Not long after, Obama operative Cass Sunstein praised Obama, claiming that his plan would work "to eliminate unjustified regulatory costs and to reduce burdens." Sunstein went on to say that Obama had done more to cut government red tape than any president in recent history.   Sunstein was given one Pinocchio for his misleading claims, and for good reason, as Obama's small cuts have been dwarfed by the increases.   American Action Forum says that the costs of regulations have "added tremendous costs to the economy" and finds that the year 2012 tops every year in the past twelve in "terms of final rule cost." 

Regulations are an unseen tax on the poor.  Since these impositions, whether needed or not, raise the cost of all products and services. 

On January 14, 2013 Hans Bader wrote and article, Obamacare Imposes New Fees, Cost Increases On The Public, dealing with this issue reporting:

Obamacare was sold to the public based on the fallacy that it would cut healthcare costs, but each month brings additional evidence that it will drive up healthcare costs instead. The New York Times reported last week that “health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers. Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own. In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders.” Earlier, Obamacare resulted in hikes of 41-47 percent in health insurance premiums for some policyholders in Connecticut. The Times notes that in “other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders

 On January 17th John Hayward wrote an article, Uncle Sam’s hoarded, wasted wealth”, noting that it is impossible for Washington to go bankrupt due to lack of assets.  He says that:

The federal government is racking up a trillion dollars in bills each year that it cannot pay.  It long ago passed the point where any private-sector business or individual would have been required to declare bankruptcy, if not face charges of mental incompetence to manage their own affairs. But Washington is not really “poor.”  It is very rich in assets, which it could sell or lease to pay its bills, without raising anyone’s taxes.  Many of these assets would produce health economic activity in the hands of private investors, while Uncle Sam leaves them strewn carelessly across the landscape, like toys he refuses to put away after playing with them.

The Institute for Energy Research just released a new study that inventories these “vastly underutilized” federal assets:
Federal real property totals over 900,000 assets with a combined area of over 3 billion square feet and more than 41 million acres of land. Additionally, the federal government owns over 600 million acres of lands and minerals onshore, and owns or manages a total of approximately 755 million acres of onshore subsurface mineral estate.  Offshore, the federal government owns some 1.76 billion acres of lands and mineral estate, extending out 200 nautical miles from our shores.  The federal government’s total mineral estate holdings are therefore about 2.515 billion acres of lands.  Thus, the federal government’s mineral estate land holdings surpass the total surface land area of the nation of Canada.

In fiscal year 2009, federal agencies reported 45,190 underutilized buildings, an increase of 1,830 underutilized buildings from the previous fiscal year. In fiscal year 2009, these underutilized buildings accounted for $1.66 billion in annual operating costs, according to the General Accounting Office (GAO). The majority of federally owned and leased space is held by the Departments of Defense and Veterans Affairs, the U.S. Postal Service, and the General Services Administration (GSA). 
For example, the federal government’s landlord, the GSA, owns or leases 9,600 assets with more than 362 million square feet of workspace. According to the GSA, in a 2009 report, almost 40 percent of its assets were under performing. In October 2010, a congressional study evaluated the savings that could occur based on better administration of the government’s above ground assets that totaled over several hundred billion dollars.
How much is all this worth?
IER estimated the worth of the government’s oil and gas technically recoverable resources to the economy to be $128 trillion, about 8 times our national debt. Further, the Congressional Budget Office (CBO) estimated that state and national coffers could generate almost $150 billion over a 10 year period from royalties, rents, and bonuses if these resources were immediately opened to oil and gas leasing. The CBO study estimates are considered to be conservative when compared to historical data and estimates by other analysts and do not consider the earnings from taxes paid by these industries. IER estimated the government’s coal resources in the lower 48 states to be worth $22.5 trillion for a total worth to the economy of fossil fuels on federal lands of $150.5 trillion, over 9 times our national debt. Most of the coal resources in Alaska are deemed to be federally owned and are estimated to be 60 percent higher than those in the entire lower 48 states but are not included in these estimates.
So why are we in debt?  The other thing that is discussed a great deal is the Debt Ceiling and Default.  Both of which are apparently not being reported properly.

On January 14, 2013  J.D. Foster, Ph.D. wrote this article.  Debt Ceiling: Default Not at Issue, Federal Spending Is”.  He says;
“The only way the federal government would default on its debt in the event the debt ceiling remains unchanged is for the Treasury to choose to default—…... Suggestions to the contrary in the press and elsewhere are simply inaccurate and shameful.  The amount of debt the federal government is allowed to issue is set by statute. Federal spending is similarly established by law.
Treasury is at once prohibited by law from issuing additional debt above the limit and obligated by law to spend certain amounts for designated purposes. …..If the federal government exhausted its financial management tools, then government spending would be limited to incoming receipts. At that point, the law setting a debt limit and the laws in place directing government spending would conflict—something would have to give…...
Very simply, reaching the debt limit means spending is limited by revenue arriving at the Treasury and is guided by prioritization among the government’s obligations. How the government would decide to meet these obligations under the circumstances is a matter of some conjecture.
One thing is clear.  When those in responsible positions don’t tell the truth and those in the media don’t report the truth we have to ask why?  It is clear that the national debt could be paid, the money owed to the Social Security Administration could be repaid, and Medicare and Medicaid could be solvent.  Admittedly there would still have to be changes, but when we also realize the interest on the national debt in fiscal year 2011 was $454 billion, the highest ever in spite of the lowest interest rate in 200 years,  it must become clear that ending the debt is the first change necessary.  And apparently that can be done. 
The questions that once again must be asked are these. What is the news worth knowing, why don’t we know it, and why aren't we hearing about this on the six o’clock news?