OPINION

Taxes, Social Security fears cited in debt ceiling talks

Townhall Staff
Townhall Staff  |  Jul 12, 2011
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Washington (CNN) -- GOP leaders insisted Tuesday they will not yield to Democratic demands for tax increases on the wealthy as part of a deal to raise the debt ceiling, bringing new doubts about the ability of Washington to pay all of its bills next month.

President Barack Obama, in a CBS News interview scheduled to air Tuesday night, warned that, absent a deal, he can't guarantee older Americans will continue to receive their Social Security checks.