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Obama Just Played His Big 'Trump Card' On The Debt Ceiling

Oct 3, 2013, 21:29 IST

AP

Early Thursday morning, Potomac Research Group analyst Greg Valliere predicted that if the debt-ceiling deadline grew closer, President Barack Obama would play his "trump card" in the debate. He would remind seniors that if Congress doesn't raise the debt ceiling, seniors wouldn't get their Social Security checks.

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"GOP strategists like Karl Rove surely know that it's just a matter of time before President Obama throws a game-changer - warning senior citizens that their Social Security checks won't be mailed because of John Boehner," Valliere wrote in a note to clients.

A few hours later, Obama did just that during a speech at M. Luis Construction Company in Rockville, Md. He spent much of the speech warning that while the ongoing government shutdown was damaging, failure to raise the debt ceiling by an Oct. 17 deadline would be even worse.

"In a government shutdown, Social Security checks still go out on time. In an economic shutdown - if we don't raise the debt ceiling - they don't go out on time," Obama said. "In a government shutdown, disability benefits still arrive on time. In an economic shutdown, they don't."

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