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 cannot guarantee 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.
I'm just tired of the lies and nonsense coming from the GOP, so this is my little contribution to combat the nonsense!