system
A chat on subreddit /r/wallstreetbets
human
Specifically the treasury is not paying its obligations to the postal service retirement fund and federal employee retirement fund; effectively this letter tells congress we are fucking over all federal employee retirement accounts until you get your shit together.
gpt
Sorta, the reason that the fed is stopping payments to these retirement funds is because it won’t have an immediate affect on anything. They’re like big piggy banks.  Retirees will still get their checks. When Congress gets their shit together, the money will get paid back.