{"id":576242,"date":"2023-05-27T13:00:00","date_gmt":"2023-05-27T10:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/social-security-medicare-and-stocks-how-a-debt-ceiling-crisis-could-affect-you\/"},"modified":"2023-05-27T13:00:00","modified_gmt":"2023-05-27T10:00:00","slug":"social-security-medicare-and-stocks-how-a-debt-ceiling-crisis-could-affect-you","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/social-security-medicare-and-stocks-how-a-debt-ceiling-crisis-could-affect-you\/","title":{"rendered":"#Social Security, Medicare and stocks: How a debt-ceiling crisis could affect you"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3824ccc7a38\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3824ccc7a38\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/social-security-medicare-and-stocks-how-a-debt-ceiling-crisis-could-affect-you\/#Save_some_extra_cash_in_case_benefit_checks_dont_arrive\" >Save some extra cash in case benefit checks don\u2019t arrive<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/social-security-medicare-and-stocks-how-a-debt-ceiling-crisis-could-affect-you\/#Dont_worry_too_much_about_the_stock_market\" >Don\u2019t worry too much about the stock market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/social-security-medicare-and-stocks-how-a-debt-ceiling-crisis-could-affect-you\/#Think_carefully_about_big_purchases\" >Think carefully about big purchases<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/social-security-medicare-and-stocks-how-a-debt-ceiling-crisis-could-affect-you\/#Lock_in_a_lower_mortgage_rate\" >Lock in a lower mortgage rate\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/social-security-medicare-and-stocks-how-a-debt-ceiling-crisis-could-affect-you\/#Manage_spending_and_credit\" >Manage spending and credit \u00a0\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<div>\n<p>If the White House and House Republicans fail to raise the debt ceiling and the U.S. defaults on its national debt for the first time ever, the economic consequences for Americans will be wide-ranging and long-lasting.\u00a0<\/p>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Social<\/a> Security checks could be held up, government salaries and contracts could be frozen, Medicare reimbursements to doctors and hospitals could be paused, markets for stocks and bonds will almost certainly take a dive, and financing levels for basic private purchases could skyrocket.<\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p>The good <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> is that aside from the gun to the temple of the U.S. economy, its underlying health is in pretty good shape. Employment levels have refused to budge from near record highs and American consumers continue to spend money on things they want to buy.\u00a0<\/p>\n<p>Wage increases over the pandemic have been largely eaten up by inflation, but high churn in the labor market has given employees some degree of freedom and independence from their employers. Corporate profits are still way above historical levels.<\/p>\n<p>Inflation has also been falling pretty steadily: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/fred.stlouisfed.org\/series\/APU0000708111\">Egg prices<\/a> were down to $3.27 on average in April, and the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/gasprices.aaa.com\/\">price of gasoline<\/a> has fallen to $3.57 a gallon from $4.60 a year ago, off a record high of $5.01 in April of last year.<\/p>\n<p>But that solid bill of health could be sw<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed for a sickly prognosis in the event of a default, especially if the economy hits a recession in the second half of the year.<\/p>\n<p>Here\u2019s how to ready household finances in the case of a first-ever U.S. default.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Save_some_extra_cash_in_case_benefit_checks_dont_arrive\"><\/span><strong>Save some extra cash in case benefit checks don\u2019t arrive<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"787\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?w=900\" alt=\"\" class=\"wp-image-3942187\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=160,90 160w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=300,169 300w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=768,432 768w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=1280,720 1280w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=645,363 645w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=320,180 320w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=256,144 256w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=512,288 512w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=640,360 640w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=876,492 876w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=960,540 960w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/socialsecurity.jpg?resize=50,28 50w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><em><sub>(Getty Images)<\/sub><\/em><\/figcaption><\/figure>\n<p>If you\u2019re one of the 67 million Americans who get a Social Security check every month or one of the 86 million Americans enrolled in Medicaid, a government default could mean that a payment you\u2019re expecting won\u2019t arrive.<\/p>\n<aside class=\"ad-unit ad-unit--mr2_ab\"><\/aside>\n<p>Personal finance experts often recommend maintaining a cash buffer fund in the event of emergencies, but extra money on hand could prove especially useful if a check that goes toward groceries or medications doesn\u2019t arrive in the mail.\u00a0<\/p>\n<p>A buffer fund should have a few hundred dollars in it if possible, experts say.<\/p>\n<p>\u201cI don\u2019t know if it\u2019s going to be the first day [after default] or the first week or the first month, but at some point, [the government] will not have the money to pay Social Security benefits. They also won\u2019t have the money to pay doctors and hospitals for Medicare reimbursement,\u201d said Howard Gleckman, tax and federal revenue expert with the Urban-Brookings Tax Policy Center in an interview.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr3_ab\"><\/aside>\n<p>\u201cIt\u2019s the federal government so people don\u2019t typically think of it this way, but if you write checks, there has to be money to pay the bill. If not, that check will literally bounce,\u201d he said.<\/p>\n<p>People who work with retirees, who constitute the vast majority of people on Social Security, say there\u2019s a lot of concern now about checks that could fail to come in.<\/p>\n<p>\u201cThere is a huge concern about this,\u201d David Brise\u00f1o, who manages retirement facilities with La Casa Family Health Center in Clovis and Portales, New Mexico, told The Hill in an interview.<\/p>\n<aside class=\"ad-unit ad-unit--mr4_ab\"><\/aside>\n<p>\u201cThese seniors are already on a fixed income, they\u2019re already struggling. For many of them, there\u2019s an issue of food insufficiency in their homes. Having to make decisions on whether they\u2019re going to pay the electric bill or whether they\u2019re going to get food or whether they\u2019re going to get prescription medications \u2013 there are those concerns,\u201d he said.<\/p>\n<p>\u201cIf this funding is cut, it makes it even worse,\u201d he added.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dont_worry_too_much_about_the_stock_market\"><\/span><strong>Don\u2019t worry too much about the stock market<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"933\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/05\/6452c652b4d2a1.92682384-e1683925121331.jpeg?w=900\" alt=\"Traders work on the floor at the New York Stock Exchange in New York, Wednesday, May 3, 2023. Stocks are drifting higher in early trading ahead of what Wall Street hopes will be the last hike to interest rates for a long time. (AP Photo\/Seth Wenig)\" class=\"wp-image-3986590\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/05\/6452c652b4d2a1.92682384-e1683925121331.jpeg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/05\/6452c652b4d2a1.92682384-e1683925121331.jpeg?resize=876,583 876w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><em><sub>Traders work on the floor at the New York Stock Exchange in New York, Wednesday, May 3, 2023. (AP Photo\/Seth Wenig)<\/sub><\/em><\/figcaption><\/figure>\n<p>From the dot-com crash of the early 2000s to the global financial crisis of 2008, the stock market has a history of bouncing back from financial shocks. More recently, equities came roaring back in the aftermath of the economic shutdowns caused by the coronavirus pandemic in one of the most successful recoveries on record.<\/p>\n<aside class=\"ad-unit ad-unit--mr5_ab\"><\/aside>\n<p>Unless you\u2019re a technical trader or a professional investor who speculates on short-term fluctuations in financial markets, it\u2019s best not to try to profit off of volatility, experts say. <\/p>\n<p>Hold onto your assets, keep your investments spread out across various sectors, and wait for things to settle down.<\/p>\n<p>\u201cWe watch this debt ceiling debate play out every couple of years, and it always results in the same drama\u2014the same volatility,\u201d Principal Asset Management analyst Seema Shaw wrote in a note on Friday.<\/p>\n<aside class=\"ad-unit ad-unit--mr6_ab\"><\/aside>\n<p>\u201cInvestors would be best served by having a broad toolkit that is well-diversified among strategies, products, and industries,\u201d Shaw wrote.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Think_carefully_about_big_purchases\"><\/span><strong>Think carefully about big purchases<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"933\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/6437f7de6a3d35.36091239-e1685124219536.jpeg?w=900\" alt=\"File - Cars move on the assembly line at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. On Thursday, the Labor Department releases the producer price index for March, an indicator of inflation at the wholesale level that's closely monitored by the Federal Reserve. (AP Photo\/Sean Rayford)\" class=\"wp-image-3948395\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/6437f7de6a3d35.36091239-e1685124219536.jpeg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/6437f7de6a3d35.36091239-e1685124219536.jpeg?resize=876,583 876w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><em><sub>Cars move on the assembly line at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. (AP Photo\/Sean Rayford)<\/sub><\/em><\/figcaption><\/figure>\n<p>Consumers might question right now whether it is a good time to make a major purchase, such as a car or a house.\u00a0<\/p>\n<p>Broadly speaking, each household is in the best position to evaluate where their finances stand, Mark Hamrick, senior economic analyst at Bankrate, told The Hill.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr7_ab\"><\/aside>\n<p>\u201cRight now, they\u2019re seeing a high level of risk that things could go badly, but this could be quickly resolved. And so, if someone has a high sense of concern, I would just simply say consider deferring a decision, Hamrick said.\u00a0<\/p>\n<p>Hamrick added that he would also advise consumers not to lose sleep over the matter given that all sides are working to resolve the issue.\u00a0<\/p>\n<p>\u201cAnd if that\u2019s resolved, that\u2019s going to be one major source of uncertainty that is eradicated. And then we\u2019ll just go back to the other sources of uncertainty that we\u2019ve been dealing with,\u201d he said.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Lock_in_a_lower_mortgage_rate\"><\/span><strong>Lock in a lower mortgage rate<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"787\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?w=900\" alt=\"House for sale, home prices\" class=\"wp-image-3753673\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=160,90 160w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=300,169 300w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=768,432 768w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=1280,720 1280w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=645,363 645w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=320,180 320w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=256,144 256w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=512,288 512w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=640,360 640w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=876,492 876w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=960,540 960w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/11\/ForSaleHouse_060419_AP_Keith-Srakocic.jpg?resize=50,28 50w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><em><sub>In this Jan. 4, 2019, photo a sign is displayed outside a house for sale in Pittsburgh\u2019s Lawrenceville neighborhood.  (AP Photo\/Keith Srakocic)<\/sub><\/em><\/figcaption><\/figure>\n<p>Housing is already unaffordable for many amid persistently high prices and stubborn mortgage rates.\u00a0\u00a0<\/p>\n<p>A debt default could freeze housing market activity as mortgage rates would soar past last year\u2019s peak.\u00a0\u00a0<\/p>\n<p>This would effectively lock both buyers and sellers out of the market. Sellers may be reluctant to give up their low pandemic-era mortgage rates, while projected rates would keep buyers on the sidelines.\u00a0<\/p>\n<p>Buyers in the meantime might consider locking into a rate sooner rather than later as a protracted debt ceiling fight, without a default, could lead to a drop in mortgage rates, Redfin Chief Economist Daryl Fairweather told The Hill.\u00a0<\/p>\n<p>\u201cThis is because a long debt fight would increase the risk of recession. In an actual default, interest rates would likely increase,\u201d she said. \u201cThis is because investors would doubt the ability of the US government and banks to make good on their debt.\u201d<\/p>\n<p>\u201cGiven that rates could swing down then up, I would advise borrowers to lock a rate now, but have a float down option, so you can take advantage of a scenario where rates fall but be protected against rates going up,\u201d she concluded.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Manage_spending_and_credit\"><\/span><strong>Manage spending and credit <\/strong>\u00a0\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Economic uncertainty may lead consumers to put a little more into savings each week and evaluate their own debt.\u00a0<\/p>\n<p>One way to manage personal cash flows for the less stock savvy consumer could be through a high-yield savings account with an interest rate of 3 percent or better, Bankrate\u2019s Hamrick said.\u00a0<\/p>\n<p>These are highly liquid, and many do not require minimum amounts.\u00a0\u00a0<\/p>\n<p>\u201cThis is one of the consequences, and perhaps a rare one, that\u2019s beneficial in the high and rising interest rate environment,\u201d he said.\u00a0\u00a0<\/p>\n<p>\u201cWe\u2019ve been really pounding the table for some time now that people are paying attention to high rates as it relates to borrowing. But they should also be paying attention to high rates with respect to return on savings and that\u2019s something that\u2019s having a moment right now,\u201d Hamrick said.\u00a0<\/p>\n<p>A debt crisis could tighten credit conditions and lead to higher rates, fewer options and more costly borrowing for those at the margins, Hamrick said.\u00a0<\/p>\n<p>But for those with credit card debt it\u2019s always a good idea to pay down debt, though it might benefit consumers to find a balance between credit debt and other savings goals.\u00a0<\/p>\n<p>\u201cPaying down the most expensive debt is the most optimal because that\u2019s obviously a higher cost. Credit card debt would tend to be at the top of that hierarchy,\u201d he continued. \u201cIt needs to be balanced with the appropriate, sometimes competing goals, which need to coexist, so that is saving for emergencies and saving for retirement.\u201d<\/p>\n<\/div>\n<p>Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/business\/4022573-debt-ceiling-how-you-can-prepare-for-a-potential-default\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If the White House and House Republicans fail to raise the debt ceiling and the U.S. defaults on its national debt for the first time ever, the economic consequences for Americans will be wide-ranging and long-lasting.\u00a0 Social Security checks could be held up, government salaries and contracts could be frozen, Medicare reimbursements to doctors and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":576243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/05\/wall-street_nyse_052223getty_default-prep-1.jpg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[134344,74336,117,134343,109134,116734,142888,134472,90482,82119,100275,87723,115,76449,70289,71694,134345,70359],"class_list":["post-576242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-administration","tag-bonds","tag-business","tag-campaign","tag-credit","tag-debt-ceiling","tag-debt-default","tag-default","tag-house","tag-medicaid","tag-medicare","tag-mortgages","tag-news","tag-personal-finance","tag-senate","tag-social-security","tag-state-watch","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/576242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=576242"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/576242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/576243"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=576242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=576242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=576242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}