It’s on Aug. 4. The president is turning 50. He’s decided to have a quiet celebration with family and a few close friends.
Instead, the president is planning an extravagant fundraising bash Aug. 3 at the Aragon Ballroom in Chicago, including a birthday concert teeming with celebrities and – for couples contributing $35,800 – a private dinner with the president. All this just one day after the government is scheduled to run out of cash!
How dire does Obama say it is?
He can't guarantee checks on August 3. But for $10,000, he can guarantee a picture of himself and a piece of cake. Maybe even some of those pasty, pastel peppermints.
Reality about Social Security here.