If it is then you do not have anyone who is elderly depending on that check Or know someone serving to protect you as a country THis nonsense has to stop Our country has become so divided that no matter who runs and wins the other party will do everything in there power to stop any progress made.
WASHINGTON (Reuters) - President Barack Obama raised the stakes in the third straight day of budget talks on Tuesday by warning that senior citizens and veterans may suffer first if the debt ceiling is not raised by August 2.
The comments came as top Republicans toughened their stance in the deficit reduction talks. Senate Republican leader Mitch McConnell said a "real solution" to the U.S. debt problem was unlikely while Obama was in office.
U.S. business leaders pressed Obama and congressional leaders to act swiftly to raise the $14.3 trillion U.S. debt ceiling -- which caps how much the United States can borrow -- or risk derailing a sputtering economic recovery and endangering the global financial system.
Obama and top lawmakers from both parties were due to meet at the White House at 3:45 p.m. ET.
The president said in an interview with U.S. television network CBS that checks to recipients of the Social Security retirement program may not go out in early August if he and congressional leaders do not agree on a debt deal.
"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue," Obama said, according to excerpts of the interview released in advance of its broadcast.
"Because there may simply not be the money in the coffers to do it," Obama said. He said veterans checks and disability benefits could also be affected without a deal.
After months of talks, Republican and Democratic leaders are still at an impasse over a deficit reduction deal that would clear the way for Congress to raise the debt ceiling.
While they agree on the need to raise the debt limit before the United States defaults on August 2, both sides have engaged in a furious blame game over the failure to advance the deficit reduction package.
Republicans on Tuesday ratcheted up pressure on Obama and his fellow Democrats, who have accused Republicans of refusing to compromise.
"I have little question that as long as this president is in the Oval Office a real solution is probably unattainable," McConnell said.
WASHINGTON (Reuters) - President Barack Obama raised the stakes in the third straight day of budget talks on Tuesday by warning that senior citizens and veterans may suffer first if the debt ceiling is not raised by August 2.
The comments came as top Republicans toughened their stance in the deficit reduction talks. Senate Republican leader Mitch McConnell said a "real solution" to the U.S. debt problem was unlikely while Obama was in office.
U.S. business leaders pressed Obama and congressional leaders to act swiftly to raise the $14.3 trillion U.S. debt ceiling -- which caps how much the United States can borrow -- or risk derailing a sputtering economic recovery and endangering the global financial system.
Obama and top lawmakers from both parties were due to meet at the White House at 3:45 p.m. ET.
The president said in an interview with U.S. television network CBS that checks to recipients of the Social Security retirement program may not go out in early August if he and congressional leaders do not agree on a debt deal.
"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue," Obama said, according to excerpts of the interview released in advance of its broadcast.
"Because there may simply not be the money in the coffers to do it," Obama said. He said veterans checks and disability benefits could also be affected without a deal.
After months of talks, Republican and Democratic leaders are still at an impasse over a deficit reduction deal that would clear the way for Congress to raise the debt ceiling.
While they agree on the need to raise the debt limit before the United States defaults on August 2, both sides have engaged in a furious blame game over the failure to advance the deficit reduction package.
Republicans on Tuesday ratcheted up pressure on Obama and his fellow Democrats, who have accused Republicans of refusing to compromise.
"I have little question that as long as this president is in the Oval Office a real solution is probably unattainable," McConnell said.
