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I assume this means the govt will take away money they had planned to pay into these govt workers' retirement funds. Will they later restore this money, i.e. pay back the money they are taking here?If so, isn't this just another form of borrowing? I thought that hitting the debt ceiling, meant that this is what we CAN'T do any more.
I assume this means the govt will take away money they had planned to pay into these govt workers' retirement funds. Will they later restore this money, i.e. pay back the money they are taking here?
If so, isn't this just another form of borrowing? I thought that hitting the debt ceiling, meant that this is what we CAN'T do any more.