U.S. dipping into pensions as it hits debt limit

[emptyquiver2]

www.myvictoriaonline.com ^ So I take it that if one works for the Government, dont expect the Feds to put any more into your pension. I can see where this is going.

[Lunkerdog]

Obviously one of the "accounting maneuvers" he has mentioned.

[Fieldmouse]

What happens if we hit our debt limit and no one noticed?


Love it. Vote no on raising it and guess what? Our budgets balance this year!!!!!!

[WOODTICK49]

Originally Posted by emptyquiver2

www.myvictoriaonline.com ^ So I take it that if one works for the Government, dont expect the Feds to put any more into your pension. I can see where this is going.

In other socialist countries,when the government went broke,they seized private retirement funds.

[Fieldmouse]

Originally Posted by WOODTICK49

In other socialist countries,when the government went broke,they seized private retirement funds.

That just means I will be sitting in the seat of my dream car sooner than expected. I'll be damned if they think they will get my money out of my private account.