The U.S. is now seven days away from defaulting on its debt, which could delay the distribution of Social Security checks, veteran benefits and federal workers' paychecks.
The United States is nearing a potential default on its debt, with only seven days left to come up with a solution. The consequences of a default would be significant, affecting Social Security, veteran benefits, and federal workers who may experience delays in receiving their paychecks. KSAT's Camelia Juarez spoke with a local financial expert who advises how Americans can protect their finances.– The U.S.
“If you don’t have money or you can’t borrow money, you have to prioritize, you know, what you spend it on. And that’s the other thing they’re doing right now,” Dhillon said. “The challenge is for the everyday consumer. You need that cash on an ongoing basis, and a lot of people don’t have enough saved to where they can dip into that or set it aside,” Dhillon said.
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