When the president said Social Security checks may not go out on time next month seniors across the country took notice.
55 million Americans receive Social Security checks every month and unfortunately experts say delaying Social Security isn't just a scare tactic but a definite possibility.
Brookings Institute Economist, Gary Burtless said, "unless the debt limit is increased I think Social Security recipients are in line along with everyone else to get the limited amount of cash that's going to be available to the government early in august".
I checked here in Missouri and found that one fourth of retired Missourians rely exclusively on Social Security.
AARP says their average monthly check is only $1,000 barely enough to get by according to retirement experts.
To find out how much you can get from social security head to their website “SSA.gov” and click on the retirement tab.
While most believe the Washington debate will eventually be resolved and any delay would be temporary.
Seniors across the country are hoping politics can be put aside sooner rather than later.
Although there is no concern for Social Security ending completely, for those Americans across the country who depend solely on Social Security this is a problem they can't take lightly.
Original Story:
Several people have called KRCG or emailed us asking if President Obama was eliminating Social Security. Others were concerned because Social Security is the only income some have.
Tonight at 10, our Facebook crew is asking the Social Security Administration just how many Missourians rely on Social Security for their income and what will happen if no debt deal is made before the U.S. hits the debt ceiling.