Yes, however just remember if you think he will stop the checks...
Posted on 07/23/2011 12:37:53 PM PDT by PROCON
(CNSNews.com) – At a hastily convened news conference Friday evening, President Obama offered his explanation of why debt negotiations with House Speaker John Boehner fizzled, and he once again raised the specter of entitlement checks not going out if the debt ceiling isn’t raised soon.
“Well, when it comes to all the checks, not just Social Security -- veterans, people with disabilities -- about 70 million checks are sent out each month -- if we default then we’re going to have to make adjustments. And I’m already consulting with (Treasury) Secretary (Tim) Geithner in terms of what the consequences would be,” Obama said.
“We should not even be in that kind of scenario. And if Congress -- and in particular, the House Republicans -- are not willing to make sure that we avoid default, then I think it’s fair to say that they would have to take responsibility for whatever problems arise in those payments.”
In the next breath, Obama said he’s “not interested in finger-pointing and I’m not interested in blame, but I just want the facts to speak for themselves.”
Obama said he’s getting letters from people who tell him they have to skip meals at the end of each month, as well as from senior citizens on Social Security “who are hanging on by a thread. Folks who have severe disabilities who are desperate every single month to try to figure out how they’re going to make ends meet.” He also mentioned federal contractors “who have to wonder are they going to be able to get paid and what does that do in terms of their payrolls."
Obama said a “huge” number of people would be affected by a government default: “(I)magine what that does to the economy, when suddenly 70 million checks are put at risk. I mean, if you’re a business out there, that is not going to be good for economic growth. And that’s the number one concern of the American people.”
'Working stiffs'
Like House Speaker John Boehner, President Obama said raising the debt limit “is not an option,” it has to be done.
Obama insisted that the only “fair” solution is one that includes tax hikes on wealthy Americans, including many small business owners who create jobs. "That’s all the American people are looking for -- some fairness,” he said.
Obama indicated that he and Boehner were not that far apart when it comes to deficit reduction. The difference was, he said, that the White House plan “didn’t put all the burden on people who are least able to protect themselves, who don’t have lobbyists in this town, who don’t have lawyers working on the tax code for them -- working stiffs out there, ordinary folks who are struggling every day.
“And they know they’re getting a raw deal, and they’re mad at everybody about it. They’re mad at Democrats and they’re mad at Republicans, because they know somehow, no matter how hard they work, they don’t seem to be able to keep up. And what they’re looking for is somebody who’s willing to look out for them.”
Obama said Americans “are just desperate for folks who are willing to put aside politics just for a minute and try to get some stuff done.”
Republicans have complained for months that Obama has advanced no clear deficit reduction plan, not has he been willing to say where he would cut spending. His goal, they say, is to raise taxes.
0bozo wouldn't know a fact if kicked him in the arse.
40 Billion in debt payments
There is money for SS
The checks will only stop if Obama orders them to stop
In addition to being the worst president ever, he sure is an a**hole..
Yes, but we are stuck with you until 2012.
That’s alright, the only possible way to get RATS and RINOS in the Senate to vote for the bill the House sent over is for Barry to actually not send out SS checks. Senators are smart enough to know exactly who will get the blame and they’d rather have it on democrat Barry than on the democrat Senators. At that point, it’s all in the lap of Little Barry. He can veto it and keep on blaming other people which even Barry knows looks stupid, or he can sign it an then pout between tantrums.
Yes, however just remember if you think he will stop the checks...
Sorry Barry. As usual, YOU’RE WRONG! YOU are the flippin’ POTUS. It’s a “The Buck Stops Here Thing”. You’re the “leader”! Do your flippin’ job bubba! If you decide that the checks won’t be sent out, we Americans want to know where the hell all the money went that we’ve been stuffing into Social Security. And then you need to apologize to the elderly for playing politics with their Social Security checks. ***hole!
Exactly.
August 1st the House should pass a motion prioritizing what federal receipts should go towards (SS, Medicare, Vets, and military pay) dump the responsibility for what gets cut after that on Obama and the Democrat controlled Senate.
Force them to roll over and agree or have them explain to the country why they are cutting what.
Democrats and the Social Security Trust Fund Lie Exposed today
Republicans also kidnapped the Linbergh baby......
Somebody needs to explain to BO what the word “executive” in Executive Branch means. Actually, someone should’ve have explained that to him two and half years ago.
I wouldn’t put it past the smelly little leftist turd.
I was watching Fox with Martha McCallum(sp?) and WHAT A BUNCH OF CR@P!
According to ‘their’ poll .. 47% blame Congress for the budget and impasse and only 15% blame the POS in the whitehut!?
Anyone notice what’s missing here?
Where is the breakdown of .. Which party in Congress do the people blame the most? (Or does it matter?)
Facts don’t matter. That is how the public will perceive it. A FOX news poll showed that the public will blame the pubs by a 3/2 margin, and the left-stream media will do everything to reinforce that.
That’s what happens when Congress is too chickensh*t to investigate who in hell occupies the WH.
Only Evil to the core would do such threats. A real leader would calm the pubic by saying, that no matter what happens, checks would go out.
Obama talks pretty big for a man who has no budget plan.He has not submitted one.
No America will not blame the GOP, if Obama refuses to send out checks,Obama will get it big time.He is the man who has done all the threatening about it “ I will not send out checks.” WHo do you think will be blamed?Buahahahahahaha! It is a false created crisis deigned to grift Congress into unlimited spending and taxation.A street trick.
Let Obama wear it.
Obama is a child acting like a thug. Pathetic.
You all know/ how this works, what is different now, other than the fact that the AnointedIdiot, as with the libtard Dems, 1) lies habitually, 2) loves to fear-monger, and 3) lacks any sense of accountability?
Blame Bush.
Blame Repubs.
Blame Bush.
If all else fails, re-blame the Repubs.
=.=
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.