Barack Obama’s war on America’s seniors knows no limits. The Treasury Department is withholding part of the Social Security monthly payments of about 115,000 seniors because they have fallen behind on student loan payments. There was a time when Social Security benefit payments were untouchable, but that is a thing of the past.
Obama’s War on Seniors is growing at such a rate that the number of affected seniors has almost doubled in just the last year. These size of the payments being withheld are not insignificant. Depending on the circumstances, some run up to as high as 15%. With the average retiree’s benefit payment at about $1,234, the monthly bite could be nearly $190.00. What’s worse is that many seniors don’t realize that they are still liable for their student loan payments, even though they have been pushed out of the working mainstream by Barack Obama’s fiscal policies.