How much of a lie can this be?

#1. Our gubment has plenty of money (income) to service the debt. And meet most expenses.

#2. Since SS has this huge trust fund (alleged) why not redeem some of those special Treasury Certificates, and use that to meet current obligations? Then repay when the budget deal is worked out.

#3. The real problem is that we are spending at a rate of 24% GDP, while we are taxing at 14% of GDP. Obama is spending an extra $100 billion a month - beyond our income. This is the real problem.

#4. The only reason there are no soup lines is because of food stamps.

I think it's malfeasance for the POTUS to lie about this situation.