President Obama Says 70 Million Checks May Be Witheld on Aug. 3 (ContributorNetwo

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ContributorNetwork - COMMENTARY | Why is the debt ceiling debate that makes most of us roll our eyes before flipping to the next channel so important? According to President Barack Obama, who interviewed with CBS News, Social Security checks, disability checks and veterans' checks and others totaling 70 million checks could be withheld on Aug. 3 if no deal is reached to extend the debt ceiling by the Aug. 2 deadline.

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