This is the lowest of new lows for a President who seems to have no bottom when it comes to scaremongering:
President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks.
"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," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
Obama has now declared that he intends to hold Senior Citizens, Veterans and the disabled hostage to his demands for a massive tax increase that will kill job creation and cause Americans already suffering from the Obama recession to suffer more.
Contrast Obama's vile scaremongering with the statesmanlike approach taken by Speaker Boehner yesterday.