President Obama – No Guaranteed Social Security Checks If G.O.P. Wins Debt Debate

In an interview with CBS today, President Obama laid it all on the line and explained the grave seriousness of the political game the Republicans are playing by not allowing the debt ceiling to be raised. The President explained that if the August 2nd deadline passes and no deal is met, then the 20 million Social Security checks scheduled to go out on August 3rd, might not.

I cannotĀ guaranteeĀ that these checks go out on august 3rd if we haven’t resolved this issue.

The President is trying to get the rich to bear some of the weight of an economy that has benefited them tremendously. He has already suggested social spending cuts to programs that benefited the poor and middle class, and is asking Republicans to end some of the tax loopholes enjoyed by the rich. Republicans however, are not budging, and maintains that those tax loopholes stay off the table.

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I'm just tired of the lies and nonsense coming from the GOP, so this is my little contribution to combat the nonsense!

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  • One time visitor

    Yep, that’s your great Obama. Instead of cutting wasteful spending elsewhere, he’d rather cut public assistance that the public has already paid for. All the republicans (not that they are innocent)want is a reasonable cutback on the monetary waste in Washington before giving more money to waste. Instead, POTUS will cut off OUR (my) money that we (I) paid into for the last 40+years and Washington spent carelessly. The democrats are demonizing the republicans because they cant get the deal they want. I’ll bet my next months social security check that the republicans will come to an agreement before August 2nd.
    To take one side in what is going on in washington right now is just foolist. To be able to stand back and watch both sides fight it out allows you too see the foolishness that both the repubs and dems create. don’t choose liberal or conservative, choose American!!!