Obama says he cannot guarantee Social Security checks will go out on August 3

[Grape]

wait wait wait, government isn't smart enough to decide my insurance, but you think they are smart enough to plan my retirement......silly republicans, can't have it both ways.

[ceyko]

I do believe some of "them" paid into the Social Security system when they were working.

Yeah, for many years. Kids and elderly I think deserve support.

[The King]

good, fuck them, shouldn't get paid for not working.......

I do believe some of "them" paid into the Social Security system when they were working.

[Grape]

good, fuck them, shouldn't get paid for not working.......

[jw33]

I hope the AARP paid their phone bill and their lobbiest have clean suits ready...

[line-em-up]

...

Oh well. Then maybe congress should get busy doing their jobs.

[ALLAN]

http://www.cbsnews.com/8301-503544_162-20078789-503544.html

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.

The Obama administration and many economists have warned of economic catastrophe if the United States does not raise the amount it is legally allowed to borrow by August 2.