Skip to comments.CBS: Obama says he cannot guarantee Social Security checks will go out on August 3
Posted on 07/12/2011 10:45:43 AM PDT by tcrlaf
President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks.
"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
(Excerpt) Read more at cbsnews.com ...
Remember evil republicans want to throw granny down the stairs and starve children....
Obama, YOU LIE!
ah, scare tactics. How presidential.
So he intends to default on the T-notes held by Social Security?
Just redeem some of those special bonds.
It’s not his job to guarantee payments.
What an asshole
Oh, he can guarantee it - he’s just REFUSING to do so.
And - you know what else this means? That so-called lock-box that Social Security and Medicare was supposed to be in is a giant LIE. A MYTH. ALL that money they’ve been saying is set-aside is all BORROWED.
“Because there may simply not be the money in the coffers to do it”
There’s not money in the coffers now - we borrow it from China and Co. If he cares, simply prioritize and cut elsewhere to meet Social Security payments.
Better to terrorize and misrepresent to get what he wants.
This man is a fork-tongued demagogue of the 1st order.
Either Obama is lying, or the hundreds of democrats who’ve been telling us for decades that the Social Security funds are safe in a “lock box” were lying.
Yes, I know - both Obama *and* those donkeys all were lying - and all will continue to do so.
Obama is the one who will make the decision on who gets paid.
OBAMA IS THREATENING SENIORS!!!!!!!!!!!!!
CALL IT WHAT IT IS GOP!!!!!!!!!!!!!!!!!!!
Oh, sure, hold people’s SS checks until the Republicans cave. Start the impeachment proceeding immediately.
How fast can a President be Impeached?
President Clinton: “Social Security funds are in the lockbox!”
Prersident Obama: “Welfare checks are in the lockbox!”
President Honest: “Lockbox? What lockbox?”
And I can’t guarantee that my Sept 15th quarterlies will go out on time either.
I dare the son of a bitch to withhold the SS checks.
He'd pay employees at EPA and DOE before letting Grandma get a check?
I thought there was a SS trust fund that was seperate from the budget that Congress or the President can’t spend!
You mean there is no lock box!
I’ve been lied to!
Tell me it ain’t so!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.