Earlier this week:
“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,” Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.

Today we had the chief actuary of Social Security telling Kansas Republican Rep. Tim Huelskamp that the decision whether or not to withhold checks comes from the treasury.



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