Wednesday, July 13, 2011

Right-Wing Media Downplay Default Risks By Accusing Obama Of "Threatening" Social Security Benefits

From Media Matters:Media conservatives are accusing the Obama administration of "threatening" Social Security benefits after the president observed in an interview that he could not guarantee that benefits could be paid if the debt limit were not increased. Economic experts agree that failure to increase the debt limit would force the federal government to prioritize its legal obligations and

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