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To: tcrlaf

A gigantic LIE.

There’s plenty of tax revenue to pay all of our obligations, including Social Security, come August 2nd.

http://www.freerepublic.com/focus/f-news/2747108/posts

The Republicans need to call him on this immediately. There’s a plan in place by this administration to scare the American people, and by extension the Congress, into submission.


85 posted on 07/12/2011 11:10:50 AM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: Deo volente
Someone needs to educate me .... I thought that money borrowed from the Social Security Trust fund was replaced with t-bills, IOUs in effect. Is that not correct? And if that is correct wouldn't failure to pay the SS IOUs be a default? thanks in advance.
101 posted on 07/12/2011 11:18:30 AM PDT by jpsb
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