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.
Barack Obama: “I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue, because there may simply…”
On the recordJuly 11, 2011
Source
transcripts.cnn.comEditor's note · Context
Obama's warning about the potential inability to issue Social Security checks if the debt ceiling issue is not resolved.
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