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Social Security Actuary Confirms: Withholding Checks Would be a Political Decision - July 13, 2011

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Uploaded by on Jul 13, 2011

During a July 13, 2011 Budget Committee hearing Congressman Huelskamp asked Stephen Goss, Chief Actuary for Social Security, for additional information about President Obama's statement the day before that he cannot guarantee that Social Security checks would be mailed August 3. Mr. Goss indicated that the Social Security Administration anticipates issuing checks, but that it will be a decision of the Obama administration as to whether or not the checks are mailed.

This is the chart Congressman Huelskamp referenced: http://blogs.reuters.com/james-pethokoukis/files/2011/07/gs1.jpg

Follow the Congressman on Twitter: http://twitter.com/#!/CongHuelskamp
Follow the Congressman on Facebook: http://www.facebook.com/congressmanhuelskamp

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  • My social security best come in the mail by august the 3rd because i am getting an apartment and how else am i supposed to pay the rent?? I also buy my own food with that and when i have alittle spending money i either save that or at least make sure that my grandmother holds onto it for me.

  • Also this schmuck called all the American People stupid and we can't understand how they create money out of thin Air. No wonder why the government is lying all the time to all of us except the insiders.

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  • @dmarescajr Yeah. Oh..wait...no....it's too hot! Marches, protests, rallies, and even riots in America seem to have just dissolved and are just that: history, read or remembered. This is besides the issue at hand, but think of how how much would have been achieved if Martin Luther King Jr.'s only presence was a FB & Twitter account, and a vlog: nothing.

    If this is cut, there's going to be a LOT of people out of their house. And they're going to be doing a lot worse than rallying.

  • @IDoNotBlameYou It's true, everyone here whines and cries on THE INTERNET, HOW ABOUT GETTING OUT OF THE HOUSE TO RALLY?!

  • All this is bull shit, they aren't thinking about all of these people who get these checks. they use them to pay bills, to buy food,make car payments,ect. If these people don't get checks they can't pay for all this shit. they won't have cars, running water,electricity ,and food. so if you think about it, half of America is gonna starve and be homeless because of government assholes! THANKS A LOT GOVERNMENT YOU'RE RAMMING US IN THE ASS WITH OUR OWN SOON TO BE DEBT.

  • Liberals continue to spin out the same old taglines as if time has not passed, and Obama hasn't devastated the economy to skeletal remains that he is fixing to kick over.

  • @dhinge , you must be a liberal. How long do you think you can ignore what Obama and his shadow cohorts have been doing to worsen the economy? Bush isn't the factor anymore. No President has ever hoarded and spent away our economy to skeletal remains like Obama has.

  • Social security is not theirs to dip into. It is stealing. It should not be considered a resource for government. They are out of control money whores.

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