Change we can believe in strikes again.
A failure to raise the nation’s debt ceiling could result in some seniors not receiving Social Security checks, President Obama said in an interview with CBS News that will air Tuesday evening.
“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,” Obama told “CBS Evening News” anchor Scott Pelley. (video below)
The assertion marks the latest attempt by the White House to frame the stakes in the sometimes abstract debt-ceiling debate in terms the American public can grasp, while placing increasing pressure on congressional Republicans.
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