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Obama: Social Security, disability and other government payments could stop on Aug 3
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07-12-2011, 05:41 PM
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VowJoyday
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Obama: Social Security, disability and other government payments could stop on Aug 3
TPM:
http://tpmdc.talkingpointsmemo.com/2...eo.php?ref=fpa
For the first time in public, President Obama has warned that crucial benefits for retirees, veterans, and disabled people might not go out early next month if Republicans don't relent in the debt limit fight.
"This is not just a matter of Social Security checks," Obama told CBS News in an interview that will air Tuesday night. "These are veteran's checks, these are folks on disability and their checks. There are about 70 million checks that go out each month. I can not 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."
If you were wondering when President Obama would clarify the stakes and increase the pressure on Republicans to drop their ideological rigidity, consider it upped.
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