Obama Says He Will Not Pay Social Security First

On Tuesday President Obama said Social Security benefit checks might not go out if he is not allowed to borrow above the government’s current debt limit. “I cannot guarantee that those checks go out on Aug. 3 if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it,” he told CBS News.
We did some quick math on the president's claim about having enough money and realized that the government will in fact have much more revenue than what is required to issue social security checks.

It would seem that though it would not play quite as effectively politically let alone get the phones ringing in his opponent's congressional offices, a more accurate statement from the president would have been, "Since it looks like I can't get my opponent to raise income taxes on job creators, and I don't have enough money to fund all the other programs I like, I am now going to threaten NOT MAKE the issuance of social security checks a priority." Come early August, the Obama administration looks like it is going to have to make choices according to importance. Take a look at the Citizens Against Government Waste "Pig Book" for 2010. There has been no action on these programs. Apparently senior citizens make better hostages in negotiations for piling tax increases on job creators.