Right off his CBS interview:
Scott Pelley: Can you tell the folks at home no matter what happens that Social Security checks are going to go out on August the 3rd? There are about 20 billion dollars of Social Security checks that have to go out the day after the government is supposed to go into default.
Obama: Well this is not just a matter of Social Security checks, these are veterans checks, these are folks on disability, their checks. There are about 70 million checks that go out —
Scott Pelley: Can you guarantee as President those checks will go out on August the 3rd?
Obama: I can not guarantee 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.
Article discussing it:
http://washingtonexaminer.com/blogs/beltway-confidential/2011/07/memo-hill-gop-how-take-social-security-card-out-obamas-hands#ixzz1S2Alv9BVFeel free to play deaf, blind and dumb as I know you're going to.
Fact of the matter is that year-to-date revenues far exceed the monthly payments that need to be made on SS. Typical class warfare games from this thug.