US Treasury will raid Federal Retirement funds if Congress fails to raise debt ceiling
From the article;
"....The government could temporarily tap tens of billions of dollars from two federal employee retirement programs if Congress fails to raise the federal debt ceiling next month, Treasury Secretary Timothy Geithner told lawmakers.
The government expects to hit a $14.3 trillion debt ceiling on May 16 or before, Geithner said in a Monday letter......"
The National Debt is at 14.29 Trillion ( and rolling along like a ferris wheel ) as I write this.
Debt Clock Website
The Government is completely insane.