Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts

5/16/11

Retirees Hit By US Debt Limit

Well, the US finally met it's debt limit today and guess where they are going to borrow the money from to hold it over? You guessed it. The Federal Pension Funds. Another smooth financial move to make matters worse for the country.

Read the story below:

US to Hit Debt Limit, Will Dip into Pension Funds - CNBC