Important Update on Social Security and the Debt Ceiling..
July 19, 2011 at 15:30 PM EDT
As I first mentioned in an e-mail alert last week, the ongoing debt negotiations in Washington now include serious talks about alterations to the Social Security program. A number of you have since been asking questions about how things might shake out, so I’d like to address some of them today. Let’s start with the biggest question … “What will happen to current Social Security recipients if an agreement isn’t reached in time?” Put simply: Their checks may not go out! President Obama has already said as much to major media outlets. Heck, here were his exact words to CBS News last week: “I cannot guarantee that those checks go out on August 3 if . . . → Read More: Important Update on Social Security and the Debt Ceiling..