Obama: If We Don’t Get a Deal, I Can’t Guarantee We’ll Be Sending Out Social Security Checks on August 3rd
**Written by Doug Powers
He could have said something like “If a deal isn’t made there will of course be a problem paying for Social Security in the long term, but in the short term I have many options as far as shuffling dollars around to fund high priorities, so I can say with confidence that Americans who depend on Social Security will still get their checks for the foreseeable future while we sort this out.” But Obama didn’t say that.
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.
I haven’t seen the full interview, but I’m just guessing that Pelley aggressively followed up with, “Mmm hmm…”
Regardless of what happens with the debt ceiling deal, if Social Security checks don’t get sent out next month, it will be the decision of the Obama administration to not put Social Security toward the top of their list of priorities (I thought it was the GOP who wanted to starve seniors and push them off cliffs).
Hopefully Social Security recipients are familiar with chess, because they’re now officially pawns in the president’s debt ceiling game.
Update: Reader James sent in questions he’d have followed up with:
Are you saying that we must increase the debt limit each year so that we can pay SS and the other entitlement programs?
Aren’t you going through an exercise to prioritize funds in case the debt limit isn’t raised? Aren’t you doing this now and what is the progress?
If we have to increase the debt limit each year so as to pay for the entitlement programs, how are we ever going to get our financial ship in order?
**Written by Doug Powers
Twitter @ThePowersThatBeblog comments powered by Disqus
Husband of presidential candidate under federal investigation met privately with US Attorney General, but no big deal
June 29, 2016 08:47 PM by Doug Powers
June 28, 2016 10:50 PM by Doug Powers
Of course: Senate Dems blocking $1.1 billion Zika bill because Planned Parenthood isn’t getting a cut
June 28, 2016 12:50 PM by Doug Powers
Taxpayer-funded astroturf: NYC Health Dept staffers encouraged to join immigration protest during work hours
June 24, 2016 09:18 PM by Doug Powers
In the best of hands: AG Loretta Lynch travels to Orlando in search of terrorist’s motive, comes up empty
June 21, 2016 03:13 PM by Doug Powers