Mr. President: Stop the Scare Tactics | American Center for Law and Justice
  Search  |  Login  |  Register

ACLJ Profile Completion

Verified

By Jay Sekulow1310570042000

The debt negotiations in Washington have reached a new low.

President Obama has played the Social Security card. In an interview with CBS, the President said he "cannot guarantee" that Social Security checks would go out if a deal is not made. "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," the President said.

It's an interview that's received a lot of attention - and, no doubt, generated a lot of concern among millions of Americans who depend on that income to make ends meet.

And, sadly, that's exactly what the President is attempting to do. Generate fear. Scare the American people.

Rep. Allen West (R-FL) pulled no punches in accurately identifying this tactic: "That's fear mongering that's not leadership, that's sad and pathetic," Rep. West said.

The President is not addressing the facts. Even if a deal is not reached by August 2nd, there's plenty of cash on hand to continue Social Security payments and other entitlement programs, as well as military funding and other necessary expenditures.

In published news reports detailing the amount of cash on hand at the U.S. Treasury, the ongoing flow of federal tax revenue since the Treasury declared that it had hit the debt limit on May 16 has been more than sufficient to cover the combined costs of federal spending on interest payments, Medicare, Medicaid, Social Security, the Veterans Affairs department and federal workers wages and insurance benefits (including wages and insurance benefits for military personnel).

And, here's a chart from Goldman Sachs that clearly shows there's enough cumulative money coming to pay interest, Social Security, Medicare and defense.

Mr. President, stop the scare tactics. Get down to business. Put together a deal that cuts spending, eliminates tax hikes, and puts this country on sound financial footing. Most Americans understand that we can no longer continue to spend beyond our means and thousands already have signed on to our Petition to Stop Spending.

It's what Americans want, it's what Americans deserve.

Latest in
Constitution

Senate Removes Obstacle to Conservative Judges

By ACLJ.org1507822161934

Senator Mitch McConnell (KY), the Senate Majority leader, has heard our demand for action and reform. He has just removed an archaic procedural rule that has been misused by the left to block conservative federal judicial nominees from ever getting a vote—or even a hearing. It is called the Senate...

read more

Ex-FBI Director's Case Collapses

By Jay Sekulow1497044409096

Fired FBI Director James Comey’s testimony before the Senate Intelligence Committee accomplished one thing: With his testimony, Comey’s case against President Trump collapsed like a house of cards. Not only did Comey’s testimony clear President Trump – admitting under oath that the President was...

read more

Comey is Not a Credible Witness

By Jay Sekulow1496880902209

Former FBI Director James Comey is preparing to tell his side of the story before the Senate Intelligence Committee on Thursday regarding his encounter with President Trump. His prepared remarks were released today – and make no mistake about it – this is Comey’s opportunity to get back in the...

read more

President Trump Fired FBI Dir. James Comey

By Jay Sekulow1494370610081

President Donald Trump has just fired FBI Director James Comey. President Trump’s letter states that Comey is “not able to effectively lead the Bureau.” President Trump's action is not only appropriate, but represents the correct action taken against Comey who has become a renegade FBI Director.

read more