Yesterday, President Obama threatened that if the debt limit is not raised by the August 2 deadline, he can’t guarantee that Social Security checks will go out. However, for years Democrats have argued that Social Security is on strong fiscal footing, and reform is unnecessary. The argument is that over the years the government…
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Back in January, we featured a post where we looked at who are the largest holders of the U.S. national debt. Since that time, the U.S. Treasury has revised their data, specifically to identify who the real foreign owners of the U.S. national debt are. Here are how things really stood at the end…
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