Sunday, July 24, 2011

SS checks not at risk

This statement from the Stanford's Hoover Institution argues that your Social Security check is not at risk even if Congress does not raise the debt limit, and explains what is going to happen, or at least what is supposed to happen. So Obama's recent statement (“I cannot guarantee that those [Social Security] 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.") is merely a scare tactic.

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