Fear-Mongering Schieffer Claims Social Security Checks Can't Go Out Without Debt Resolution
On three occasions between July 22 and July 26, 2011, CBS's Bob Schieffer carried water for President Obama when he echoed the Democrat's inaccurate claim about Social Security: "Millions of Americans...may not get their next [Social Security] check if the debt ceiling crisis is not resolved." In reality, there is enough federal revenues and authorized expenditures to pay for the program [audio clips available here].
Schieffer gave a preview of the CBS Evening News nine minutes into the 8 am Eastern hour of the July 22, 2011 Early Show with his dire warning about Social Security:
SCHIEFFER: Every month, millions of Americans depend on Social Security to support their families and make ends meet. But now, they may not get their next check, if the debt ceiling crisis is not resolved.
Despite this, Schieffer took to the airwaves one more time at the beginning of the July 26 edition of CBS Evening News to trumpet that it was "one week and counting to August 2, the day the President says the government will run out of money and, among other things, will have to stop sending out Social Security checks."