In an interview with CBS, President Obama plays the fear card:
Anchor Pelley asks: “Can you tell the folks at home that the Social Security checks are going to go out on August the 3rd? There are about $20 billion worth of Social Security checks that have to go out the day after the government is supposedly going to go into default.”
Obama responds: “Well this is not just a matter of Social Security checks. These are veterans’ checks. These are folks on disability and their checks. There are about 70 million checks that go out.”
Pelley asks: “Can you guarantee as president those checks will go out on August the 3rd?”
Obama says: “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.”
That’s a lie and he knows it: Treasury can and will prioritize spending if the debt ceiling isn’t raised. He tried this exact gambit back in February when a government shutdown was on the line. Messing around with people to scare them is pretty much all this president has left in his arsenal. That may be why, whether the MSM wants to admit it or not, Barack Obama is officially an unpopular president. He’s under 50% approval across the board.
Bonus trip down memory lane: When he had the chance, Sen. Barack Obama voted against raising the debt ceiling. He has admitted that he was playing politics with the debt on that vote. He is clearly doing the same thing in the current debate.