Complete Story


Retirees, Social Service Groups Among Those Making Default Contingency Plans

The impending issues related to the debt ceiling have many worried

Phoenix retiree Saundra Cole has been watching the news about the debt limit negotiations in Washington with dismay — and limiting her air conditioning use to save money just in case her monthly Social Security check is delayed due to a default.

For her, air conditioning is no small thing in a city where the average daily high hits 94 degrees in May. If the government cannot make good on its obligations, she said, "I would be devastated."

"What I'm worried about is food banks and electricity here because you know, we've had deaths with seniors because of the heat," said Cole.

Please select this link to read the complete article from The Associated Press.

Printer-Friendly Version