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Obama Says Social Security May Not Be Paid Without Deal

July 13, 2011 11:31 AM EDT July 13 (Bloomberg) -- President Barack Obama said on "CBS Evening News with Scott Pelley" yesterday that unless the debt ceiling is raised in time, the federal government might not be able to pay Social Security and veterans' benefits. Lizzie O'Leary reports on Bloomberg Television's "In the Loop." (Source: Bloomberg) (Bloomberg)

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