'It’s not their money’: Older Americans worried debt default means no Social Security
If the United States defaults on its financial obligations, millions of Americans could be unable to pay their bills as well. If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a political stalemate over the government's debt ceiling, experts and older Americans told ABC News that the consequences of the impasse in Washington could be dire, including for older Americans who need the money to pay for basic needs such as food, housing or Health care costs. A quarter of Americans over age 65 rely on Social Security to provide at least 90% of their family income, according to the Social Security Administration. President Joe Biden walks to the White House after landing on the South Lawn aboard Marine One, May 21, 2023 in Washington, DC. Samuel Corum/Getty Images Fred Gurner, 86, of New York, told ABC News that he uses his Social Security paymen...