Republicans Blast President For Igniting Social Security Scare

Vanessa Remmers and Alex Harris

Republicans from both chambers banded together Thursday to argue something out of the ordinary in light of recent debt negotiations: there is plenty of money.

At least for social security.

Republican Senators and Representatives both condemned President Barack Obama for implying that seniors may not receive their social security checks if lawmakers fail to raise the debt ceiling.

“ I think the President should apologize for politicizing Social Security,” Sen. Rand Paul (R-Ky.) said during a briefing with fellow GOP Senators. “It’s objectively false to say there wouldn’t be enough money.”

Paul noted that the government receives $200 billion monthly, while social security expenses are in the range of $60-80 billion.

“There’s plenty of revenue to pay all of the social security checks, to pay all of the interest,” Paul said.

During a separate briefing, Rep. Phil Roe (R-Tenn.) blasted the President’s stance on social security as a scare tactic.

“There is no reason for Obama to be scaring our senior citizens,” Roe said.