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and more partisan. president obama told cbs news if lawmakers don t have a deal in place by the august 2nd deadline, holder americans could feel it next month when the social security payments are due. i cannot 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. republican congressman ron paul of texas who is running for president thinks the president is playing the social security card. here is what he said. that just isn t true. because the funds there for social security and these emergencies, the cash flow is good enough for that. if they really needed to, why don t they quit sending the interest rate payments over to the federal reserve. i think he s using scare tactics. you can also see interest rates soar and the value of the dollar tank if the government can t pay its bills. several business groups including the u.s. chamber of commerce and the business roundtable are
ththis is your a.m. wake-up ca. ir ip i m ali velshi fk . let us quickly eat our peas even though it is breakfast. we talk about the debate over the raising of the debt ceiling. if it were a movie, you could call it, dude, where is my compromise? the debate is getting testier and more partisan. president obama told cbs news if lawmakers don t have a deal in place by the august 2nd deadline, holder americans could feel it next month when the social security payments are due. i cannot 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. republican congressman ron paul of texas who is running for president thinks the president is playing the social security card. here is what he said. that just isn t true. because the funds there for social security and these emergencies, the cash flow is good enough for that. if they really needed to, why don t they quit sending the interest rate p