![]() ![]() According to the Census Bureau, in 2020 roughly 35% of U.S. The number of people potentially impacted is huge. “A default could cause widespread suffering as Americans lose the income that they need to get by,” she said. Treasury Secretary Janet Yellen warned last week that a default would destroy jobs and businesses, and leave millions of families who rely on federal government payments to “likely go unpaid,” including Social Security beneficiaries, veterans and military families. were to default on its financial obligations. ![]() ![]() Government beneficiaries, social service groups that receive state and federal subsidies and millions more across the country are contemplating the possibility of massive and immediate cuts if the U.S. ![]()
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