Posted on 07/12/2011 11:56:01 AM PDT by ColdOne
Just cut Nancy Pelosi’s taxpayer funded liquor tab.
That should extend Social Security for another 25 years.
Not deliver SS checks? Why not cut ALL payments by 25%, including executive branch and congressional branch pay, until this is sorted out. I’m sure there’s a very well defined percentage of what is coming in versus what is going out. Maybe a 40% cut is needed. But, that would demonstrate what living within our budget means.
Yes, it would be tough on seniors, but it would be interesting to see if government employees would seek more productive work in the private sector. Their very absence from public work, especially regulatory activities, would enhance the profitability of the private sector!
WOW!!! If zero doesn’t send me my Social Security check...well...well...I just won’t ever vote for him!!!
This is just horse hockey.
On a monthly basis, the Treasury owes about 15-to-20 billion dollars in interest.
The Treasury takes in about 200 billion dollars a month.
Heck, “Mr. Ed” wouldn’t buy the president’s story.
I have a better solution, lay off or reduce the pay for the extra gubmint emploooyees that were hired to help keep Obama in office. While we are at it, cut the social security benefits to the union workers who have been cannabilizing our society for decades.
If I didn’t get my check it would piss me off more than what they did to the incandescent light bulb.
What a childish person.
The Man Child has raised the stakes BIG TIME with these remarks. The republicans should be all over him in the media right now, and HARD!!!!
The Executive carries out the duty of paying people from the Treasury, and if SS checks don’t go out, it will be by HIS CHOICE!!!!
PS: With this statement, is he admitting the Social Security “Trust Fund” is broke/empty? ....The lies are coming out.
And we must borrow from the Chinese to pay S/S & Medicare.
More “scare the old folks” tactics from Barry Soetoro and his commie comrades. Fear is all the DemocRATS have.
If the Social Security Trust fund could sell their Treasury bonds on the open market, then Social Security would be able to send checks regardless of what Obama does.
The Treasury can suspend payments to any and every contractor and “grantee”; it can defer payments to Federal employee retirement plans; it can defer payments to states on “stimulus” program projects; it can furlough employees of federal agencies in Washington, D.C. (like HUD, Commerce, EPA, Interior, USDA, NASA, etc. - not DOD); and any number of other measures, without needing approval from Congress and without stopping either payment of Interest on the national debt or Social Security benefits or Medicare benefits.
In other words every area of Obama’s massive increased “discretionary spending” can be trimmed by temporary suspension of certain outlays, while “the national debt” and Social Security and Medicare payments continue to get made. His Treasury people know this and so does he. But he preferred to go on TV and lie about that and CBS agreed beforehand to not call him on his lie.
But that is exactly Obama’s problem. It is HIS budget, that he is unwilling to trim. And as far as the trims in the discretionary spending that is willing to agree to, it is only the growth of that spending from the current level that he will agree to; not cuts back to pre-Obama levels.
But, he is willing to pretend he is open to “big” cuts, knowing it IS ONLY SOCIAL SECURITY and MEDICARE that he is open to the biggest cuts, which he knows are the two areas that are outside of his discretionary spending and are the two areas that will have to be drawn back no matter what anyway.
Just one more nail in this SOB's re-election coffin.
No S/S checks for retirees? If that happens, then he and the gorgon he’s married to should have to forego all their vacations.
Not going to happen - this guy is nothing but a BIG FRAUD!!
Actually the fund is full to t bonds. They should be forced to sell those on the open market. Then we will see some fireworks.
Yeah, where is the $2 trillion+ worth of "assets" in the form of Treasury Bonds that the Dems for years have been telling us exist?
Check out this discussion at DU. They are not happy with this ploy either.
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