President Obama on Tuesday told CBS News that senior citizens might not get their Social Security checks next month if Republicans won't agree on a deal to raise the nation's debt limit.
"This is not just a matter of Social Security checks -- these are veterans' checks, these are folks on disability and their checks. There are about 70 million checks that go out...I cannot guarantee that those checks go out on August third if we haven't resolved this issue," Obama said.
Former House Speaker Newt Gingrich, a Republican presidential hopeful, advised Republicans to turn tables on Obama.
Gingrich, speaking to Fox News's Sean Hannity, said Republicans should immediately pass a $100-billion cut in spending, balanced by a $100 billion increase in the debt limit.
"That takes us all the way through to September," Gingrich said. "And they should call that the Social Security Payment Guarantee bill. And then they should say to the president, 'Here, we've taken care of August. All you have to do is get Harry Reid and the Senate Democrats to pass it. You sign it. We can guarantee every senior citizen their Social Security check. Now, Mr. President, are you prepared to stop senior citizens from getting their checks?'"Read more here
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2 comments:
The big ugly secret...Clinton raped the SS fund to pay the debt off during his term...they stole the base funds from that acoount and now they owe it..man these guys are crooks throw the bums out...the house needs to stick to its guns
6:29, you must believe that clinton was the only president that didn't raid ss. lol at dummy idealogues.
Not to mention, don't conservatives love to claim credit for creating budget deficits in the 90's. Sorry, you can't have it both ways.
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