Last Friday the US Treasury send warning letters to Congress that stated by the end of the month there will only be $50 billion left in the government's wallet. February 7th the debt limit was suspended due to the October budget deal. Starting on Saturday the debt ceiling will go back to its current level of 17.2 trillion. If Congress fails to act by the end of this month the country will once again default on its debt.
Senate Budget Chairwoman Patty Murray, D-Wash. recently made this statement to USA Today.
"We're now at a point when the Treasury Department will have to take extraordinary measures to ensure the United States can continue to make the payments it owes, including Social Security checks and even tax refunds," she said, as quoted by USA Today. "There's no reason to drag this out any longer."
If what Senator Patty Murray stated is correct and congress fails to act, we could see rioting and mass civil unrest that would consume almost all of the country by the spring, specially if you take into account the growing number of Americans receiving government benefits, which is now around 128 million nationally.
Are you prepared? Food, water, precious metals, extra fuel, all documentation on family members in case of travel outside the U.S. and self defense items are just a few things every American should own just in case. These items not only are useful in a civil unrest situation but in natural disasters and other unforeseen events.
Check out these links for further reading:
The Prepper Helper
The Prepper Website
The Prepper Plan
Survival Plan Online
Senate Budget Chairwoman Patty Murray, D-Wash. recently made this statement to USA Today.
"We're now at a point when the Treasury Department will have to take extraordinary measures to ensure the United States can continue to make the payments it owes, including Social Security checks and even tax refunds," she said, as quoted by USA Today. "There's no reason to drag this out any longer."
If what Senator Patty Murray stated is correct and congress fails to act, we could see rioting and mass civil unrest that would consume almost all of the country by the spring, specially if you take into account the growing number of Americans receiving government benefits, which is now around 128 million nationally.
Are you prepared? Food, water, precious metals, extra fuel, all documentation on family members in case of travel outside the U.S. and self defense items are just a few things every American should own just in case. These items not only are useful in a civil unrest situation but in natural disasters and other unforeseen events.
Check out these links for further reading:
The Prepper Helper
The Prepper Website
The Prepper Plan
Survival Plan Online
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