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HomeFinanceWhat happens to Social Security payments if no debt-ceiling deal is reached?

What happens to Social Security payments if no debt-ceiling deal is reached?


Failure to reach a deal on the debt-ceiling crisis would send the U.S. into risky territory and could potentially foul up Social Security payments to its roughly 70 million recipients.

U.S. Treasury Secretary Janet Yellen said on Monday that the U.S. government could exhaust its ability to pay its bills as early as June 1 if the debt-ceiling isn’t lifted. 

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