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Sunday, July 17, 2011

Liar, Liar, Pant's on Fire! (Part II) Chief Actuary disputes Obama's Fear-Mongering Fibs on Social Security & the Debt Ceiling

Confirming President Obama's fear-mongering and fibs that he may have to hold back Social Security checks from going out next month if the debt ceiling is not raised is Chief Actuary for the Social Security Administration, Stephen Goss....

Reposted from Gateway Pundit --
Yesterday Barack Obama told CBS that there simply may not be enough money in the coffers next month to pay Social Security payments.

But Obama was just playing games with seniors.

Congressman Tim Huelskamp (R-KS) pointed out that the decision to withhold checks “would be a political one” made by the President.
During this morning’s Budget Committee meeting, Congressman Huelskamp asked Stephen Goss, Chief Actuary for the Social Security Administration, to explain how the Obama administration could withhold Social Security checks to American seniors. The question was prompted by a statement by President Obama that he could not guarantee that Social Security checks would be mailed August 3, 2011, if Congress fails to increase the debt limit.
Yesterday, Congressman Huelskamp issued a statement noting that it is irresponsible for the President to use seniors on Social Security as pawns to leverage his point in the debt limit negotiations.
Mr. Goss told Congressman Huelskamp: “The responsibility of the Social Security Administration per se, my boss, Commissioner Astrue, is to in fact determine how much in the way of benefit payments people are supposed to receive. We send that information actually over to the Department of the Treasury. They are the ones who actually send out the payments, whether it’s electronic funds, transfers, or check.”
Here’s the video:

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