27 million Social Security checks are due to be mailed on August 3rd, the day after the U.S. government will default on its debts if Democrats and Republicans do not agree to increase the nation's borrowing limit. However, President Obama warned yesterday that, absent a deal, he can't guarantee that older Americans will receive their … Continue reading Question of the Day: What's the impact if the government doesn't have the money to send out benefit checks August 3rd?