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Not debatable. as slate's matthew iglesias explains it, normally the treasury department cuts the checks congress has told it to cut. collects the taxes congress has told it to collect. and borrows to cover the difference. but the law only allows the treasury to borrow a certain amount. iglesias continues. when we hit the debt ceiling on october 17, treasury will lack the legal authority to borrow anymore money to close the gap between spending and tax revenue. and this. from the social security administration yesterday. unlike a federal shutdown, which has no impact on the payment of social s...

One that includes cutting the pay roll tax rate and infrastructure spending as well as tax increases on the wealthy to help pay for it. support outpacing opposition by almost 2-1. and programs it was the guinness that gave the president the strength to tell an audience today that when it come to passing his jobs plan, he quote, will not take no for an answer. so our recommendation is that if he is to see any progress from this do nothing congress, that maybe he should drink a pint a day to resolve to strengthen his resolve. there is much more in that nbc news "wall street journal" poll inclu...