This scaremongering is completely unnecessary, says Heritage’s Grover M. Hermann Fellow in Federal Budgetary Affairs, Romina Boccia. President Obama is needlessly scaring seniors by suggesting that their Social Security benefit checks may not arrive on time if the U.S. runs out of borrowing authority at the debt limit. The 57 million Americans who receive Social Security benefits should know that their benefits will not be affected—unless President Obama and the Treasury deliberately choose not to pay them. Boccia details three reasons why Social Security checks can still be paid even if the U.S. hits the debt ceiling.
Posted on: Tue, 08 Oct 2013 11:54:05 +0000
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