SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Actual left/right wing discussion
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (10021)8/5/2011 12:12:38 PM
From: Lane31 Recommendation  Read Replies (1) of 10087
 
Those subsidies are an area of federal spending that would be cancelled if the political battle got to a point where it the spending drop could no longer be avoided.

Since it isn't an entitlement, there is no case to be made that the failure to pay them would be considered a default. And consideration for paying them retroactively to make up for the period of unavailable funding would likely be very different.

I'm way out of my element speculating on what would end up being paid after the fact and what wouldn't. I know from experience that in the case of government shutdowns, some lost payments are compensated and others aren't. I either never fully understood or have forgotten the basis for determining which are which. Some are legal, some political, some, who knows.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News