Minor Thoughts from me to you

Reason columnist and Mercatus Center economist Veronique de Rugy explains the truth behind some of the myths in the current debt ceiling debate.

1. If a deal is not reached by August 2, the U.S. will default on its debt.
2. If the debt ceiling isn’t raised the government won't be able to pay Social Security benefits.
3. The Treasury cannot use the Social Security Trust Fund to delay a default past August 2.

You can either read her explanations or watch her explanation on video.

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