Read time: 1 minute

Obama: 'I Cannot Guarantee' Social Security Checks On Aug. 3

President Barack Obama told CBS Evening News host Scott Pelley Tuesday that he couldn't guarantee Social Security checks would go out on Aug. 3 if the debt ceiling was not raised. "Can you tell the folks at home that no matter what happens,
9 years ago by David
Views:

President Barack Obama told CBS Evening News host Scott Pelley Tuesday that he couldn't guarantee Social Security checks would go out on Aug. 3 if the debt ceiling was not raised.

"Can you tell the folks at home that no matter what happens, Social Security checks are going to go out on Aug. 3?" Pelley asked.

"This is not just Social Security checks," Obama replied. "These are veterans' checks, these are folks on disability, their checks. There are about 70 million checks that go out."

"Can you guarantee, as president, those checks will go out Aug. 3?" Pelley pressed.

"I cannot guarantee those checks go out on Aug. 3 if we haven't resolved this issue. Because there simply may not be the money in the coffers to do it," Obama explained.

Have you subscribed yet?

Banish those ads for good with a subscription to the site. For $1 for the first month and $4.99 after that, we'll pull all the ads off (except those from 3rd party apps) so you can enjoy the site without all the annoying popups and autoplay ads.

If you've already subscribed, consider a one-time or donation of whatever amount you can spare. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

More C&L Coverage

Comments

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.