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grahamhgreen

(15,741 posts)
Sat Feb 22, 2014, 04:35 PM Feb 2014

Oh Crap!!! "Social Security Cuts Still ‘on the Table’ but Not in Obama’s Budget"!!!

The decision to drop so-called “chained CPI” came after Sen. Bernard Sanders, I-Vt., and 15 other senators wrote Obama a letter Feb. 14 urging Social Security to be spared in the president’s budget blueprint.
......

Obama had included the proposal, which would shrink the inflation rate used to calculate a host of benefits and tax breaks, as part of an attempted grand bargain on the budget, but Republicans refused White House demands for new revenue to go along with cuts in entitlements.

However, while the proposal will not be in his budget blueprint, Deputy Press Secretary Josh Earnest said Thursday that the president’s proposal remains “on the table,” but only as part of a larger package that would shrink tax breaks for the wealthy and corporations.

“It’s a principle of fairness,” Earnest said.

“The offer to Speaker Boehner remains on the table for whenever the Republicans decide they want to engage
in a serious discussion about a balanced plan to deal with our long-term fiscal challenges that includes closing loopholes for the wealthiest Americans and corporations,” a White House official said in a separate background memo.

http://blogs.rollcall.com/wgdb/sanders-applauds-obama-for-dropping-social-security-cuts-from-budget/




It is not "a principle of fairness" because social security does not add one nickel to the deficit!!!

Taxes on the wealthiest need to be increased to the levels of the greatest generation in order to add to the general fund so that they can pay off the debt and deficit, etc....

Social Security is solvent for 20 years and simply needs the cap raised so that those making over $110,000/year continue to pay into it to make it solvent forever.

The deficit and Social Security are two separate pools of money that come from two separate funding sources. We pay into SS as an insurance policy. Cutting it is not an option.

Chained CPI means grannies will starve, as will children.

The continued conflating of these two issues by the administration is very disturbing.... Just when I though they might be getting a clue!


164 replies = new reply since forum marked as read
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Oh Crap!!! "Social Security Cuts Still ‘on the Table’ but Not in Obama’s Budget"!!! (Original Post) grahamhgreen Feb 2014 OP
Sigh what is wrong with us. First we are throwing away children's school Cleita Feb 2014 #1
My Boss every year... yeoman6987 Feb 2014 #57
What an insensitive creep. Cleita Feb 2014 #60
Not at all yeoman6987 Feb 2014 #65
Doesn't matter n2doc Feb 2014 #2
It matters. Lasher Feb 2014 #5
^^^^THIS^^^^ cliffordu Feb 2014 #15
Absolutely it matters. woo me with science Feb 2014 #23
Let me get this straight. Marr Feb 2014 #39
OUCH! DJ13 Feb 2014 #42
That's gonna leave a mark! SammyWinstonJack Feb 2014 #50
Amazing isn't it? neverforget Feb 2014 #74
Smack! grahamhgreen Feb 2014 #99
who gives a F*** about repukes? Skittles Feb 2014 #43
Amen, Sister! Amen! Lasher Feb 2014 #87
INDEED! woo me with science Feb 2014 #92
If it doesn't matter, then he shouldn't do it! grahamhgreen Feb 2014 #93
Of course it matters. LIES matter. SS has NOTHING to do with the deficit. That is a lie sabrina 1 Feb 2014 #105
All the more proof that this admin is really just a shell for the real people in control ... MindMover Feb 2014 #127
Sad to say, that may very well be the case. n/t sabrina 1 Feb 2014 #133
This message was self-deleted by its author polichick Feb 2014 #3
I'll give up a little of my SS to get taxes increased, if that is what it takes. Hoyt Feb 2014 #4
They can increase taxes without penalizing the poor especially seniors Cleita Feb 2014 #6
How? krawhitham Feb 2014 #25
I didn't say they would do it, just that it can be done. Cleita Feb 2014 #26
So, we know it needs to be done, but are unwilling to do anything to get them to do it. Hoyt Feb 2014 #29
I wish you weren't right but you are. I'm suffering right now because of the way Cleita Feb 2014 #31
I'm no saying this cause I want it to be true, but things are really screwed up and they will get Hoyt Feb 2014 #34
We do need to band together and start pushing them to do the right thing. Cleita Feb 2014 #35
Here's an article on the transaction tax. Cleita Feb 2014 #36
Easy peasy.... IF you push for it, instead of offering up chained CPI! grahamhgreen Feb 2014 #139
You act like the ONLY way to increase taxes on the wealthy is to cut SS, not true!!!! :-) grahamhgreen Feb 2014 #138
Trying to make them do the right thing by offering up SS cuts IS doing the wrong thing. SammyWinstonJack Feb 2014 #54
Agreed but... krawhitham Feb 2014 #91
Nice theory but what happens when the media is controlled by the conservatives themselves, the story grahamhgreen Feb 2014 #140
Politics 101. You withhold something like military funding from them until they cave. grahamhgreen Feb 2014 #137
Do you turn complicated things over to folks who quote Medicine 101, Investments 101, Politics 101? Hoyt Feb 2014 #143
Only if what he's doing is actually trying to cut SS. Otherwise he's failing politics 101. You must grahamhgreen Feb 2014 #144
Well, FIRST you DON'T hand them everything they want and brag about bipartisanship. FiveGoodMen Feb 2014 #152
Then the next Republican in office cuts taxes and further cuts SS Fumesucker Feb 2014 #7
and which repuke are you talkin about fume ... MindMover Feb 2014 #159
It makes no difference, they ~all~ want to cut taxes Fumesucker Feb 2014 #160
You have no right to give up others' Social Security. woo me with science Feb 2014 #9
Nice to see some folks are not interested in what is best for country. Hoyt Feb 2014 #16
This is not what it takes. It's the opposite of what it takes. Conflating Social security with taxes grahamhgreen Feb 2014 #17
A bunch. How about you? I want more SS too, but it ain't happening. Hoyt Feb 2014 #20
You want more SS but support cutting it? neverforget Feb 2014 #76
You need to quit reading by pointing at each word. Try reading in chunks. Things will make sense. Hoyt Feb 2014 #84
I got that point by reading your posts "in chunks". neverforget Feb 2014 #98
I don't think tweaking it under a Democrat hurts us as much as when electorate Hoyt Feb 2014 #101
Well 117 House Democrats and 15 Senate Democrats disagree with you and Obama neverforget Feb 2014 #103
We need to cut SS *now,* because woo me with science Feb 2014 #102
What's with this buying of Republican talking points regarding Social Security? neverforget Feb 2014 #104
A bunch is not a number. Give me a number:) grahamhgreen Feb 2014 #116
Please stop the bullshit. The poorest are not protected at all--some of the cuts (but not all) eridani Feb 2014 #24
Actually, removing cap doesn't solve entire problem. And SS may well be 100% of my retirement. Hoyt Feb 2014 #33
The issue of shitty jobs is best dealt with by raising the minimum wage eridani Feb 2014 #44
Actually, it is not a separate issue because roughly 14% of increase goes to SS. Hoyt Feb 2014 #51
Is English your native tongue? Your lack of "the" bugs. WinkyDink Feb 2014 #72
Poor thing. Hoyt Feb 2014 #79
You don't give in to Repukes on Social Security, period eridani Feb 2014 #108
How do you plan to get that penny in time? Hoyt Feb 2014 #110
You are ignorant of Social Security. Please just stop. WinkyDink Feb 2014 #70
You doubt that huh? Here read this from report by Congressional Research Service Hoyt Feb 2014 #83
Raising the cap just on workers making over $250,000 makes it solvent 'forever', do you need a link grahamhgreen Feb 2014 #124
Would like to see a link. Bernie Sanders offered a Bill to do just that, it got nowhere. Hoyt Feb 2014 #129
Chained CPI got nowhere - get the president behind the Sanders bill and we can get it passed:) grahamhgreen Feb 2014 #148
Will not happen. You might get a much smaller tax on such income, if Hoyt Feb 2014 #151
"the youth who pay our SS"---EXCUSE ME?? WinkyDink Feb 2014 #62
Excuse you, no way. That's right, way system works today, current worker's FICA taxes are paying Hoyt Feb 2014 #82
That's bullshit. Current benefits are being paid out of the trust fund eridani Feb 2014 #106
You have to ge kidding. Read link in post 83. I wish your view were right, Hoyt Feb 2014 #107
The article relies on bullshit assumptions, projecting the shortfall to FOREVER eridani Feb 2014 #109
Wish today's SS Trustees were smoking the same stuff. Hoyt Feb 2014 #111
I take it you are admitting you were wrong about boomers prepaying their retirement? n/t eridani Feb 2014 #112
No, I'm right that they didn't pay enough, and I take no satisfaction in being right. Hoyt Feb 2014 #113
There is no shortfall, period eridani Feb 2014 #118
Do you even have an idea of what is paid out of the fund each year? That trillion Hoyt Feb 2014 #120
It's SUPPOSED to go fast! eridani Feb 2014 #121
If you go back to "pay as you go, " you gotta have enough people with good jobs paying in, and Hoyt Feb 2014 #122
That would also require exiting the costly trade agreements that siphon off high paying jobs. grahamhgreen Feb 2014 #149
But we don't even need to raise taxes. Although I would be truedelphi Feb 2014 #12
I get it, but Congress doesn't. Heck, even Catford Commission supported big cuts military. Hoyt Feb 2014 #21
Why not bargain with military cuts? Either raise taxes or I'm cutting the military.... grahamhgreen Feb 2014 #125
Guess you missed the fact we are already starving children with cuts to food stamps while we do what Hoyt Feb 2014 #128
That's completely without basis. We just stood our ground and got chained-CPI off the table, lol!!! grahamhgreen Feb 2014 #130
You give yourself too much credit. Hoyt Feb 2014 #134
Wait til you see Chained_CPI go away, pemanently:-) grahamhgreen Feb 2014 #146
This message was self-deleted by its author Autumn Feb 2014 #19
"I'll give up a little of my SS to get taxes increased, if that is what it takes." putitinD Feb 2014 #27
So nice and wonderful that you are willing Bohunk68 Feb 2014 #45
And Obama's proposal would not affect you. In fact, Catford Commission would have given you an Hoyt Feb 2014 #53
I've probably been involved in politics Bohunk68 Feb 2014 #117
You must be close to 90 years old. Hoyt Feb 2014 #123
I get $825/mo. yeoman6987 Feb 2014 #63
Neoliberalism = Republican economics. woo me with science Feb 2014 #8
That is the reason he so admires Saint Ronnie. Lasher Feb 2014 #10
But even David Stockman, Reagan's economic advisor, now thinks both truedelphi Feb 2014 #13
Yup. Want to drive home how extreme the corruption woo me with science Feb 2014 #68
And not FDR. WinkyDink Feb 2014 #64
Maybe ProSense Feb 2014 #14
Only those who didn't read or listen to his words, woo me with science Feb 2014 #22
+1 progressoid Feb 2014 #32
Dang! +1! Enthusiast Feb 2014 #41
That's hilarious. ProSense Feb 2014 #47
Question: ProSense Feb 2014 #49
Every time I see one of your long posts, I think of an octopus squirting ink. Marr Feb 2014 #37
Your comments remind me of nonsense. ProSense Feb 2014 #48
The charge is justified in this case. Lasher Feb 2014 #73
I can't imagine ProSense Feb 2014 #75
Wildly inaccurate assertion on two levels: Lasher Feb 2014 #85
You nailed it. woo me with science Feb 2014 #69
Maybe some on SS got a one-time check, but Bohunk68 Feb 2014 #46
We're only asking that he unequivocally take SS cuts off the table, now and forever. grahamhgreen Feb 2014 #145
not really - just part of the grand strategy DrDan Feb 2014 #11
A principle of fairness, my ass: how effin' disingenuous indepat Feb 2014 #18
War is Peace. woo me with science Feb 2014 #78
Screwing little old ladies for billionaire pocket change is FAIR? aquart Feb 2014 #28
Third Way Planet. djean111 Feb 2014 #59
"The embrace of a culture of cruelty." woo me with science Feb 2014 #77
Triangulation...again. 2014 style. Tierra_y_Libertad Feb 2014 #30
I have to wonder how Aerows Feb 2014 #40
Your exercise in futility is misspent ... because the government has little or nothing to do ... MindMover Feb 2014 #131
If you agree Aerows Feb 2014 #38
I know I will get slammed for this BUT this makes me sick. I never thought I'd EVER see a Democrat diabeticman Feb 2014 #52
No slamming from me and I agree... SammyWinstonJack Feb 2014 #56
I'm right there with you. "Democrat" = "100% S.S. Supporter." The New Deal is our raison d'etre. WinkyDink Feb 2014 #66
I think this should drive home to everyone that the Third Way woo me with science Feb 2014 #80
Earnest botched the response, but ProSense Feb 2014 #55
"I will need every penny I get from SS, but I'd put a little a risk in hopes we improve situation djean111 Feb 2014 #58
Exactly! ctsnowman Feb 2014 #88
Fine, we'll sit stagnant for a decade or two, and all those things - including SS - will get worse. Hoyt Feb 2014 #94
No reason to "sit stagnant". Unless you feel the onliest bestest thing to do is just djean111 Feb 2014 #97
No, I'm posting about political reality. Hoyt Feb 2014 #100
"We need to do something now" enlightenment Feb 2014 #141
OMG!!! "Principle of fairness"?!?! To take a PITTANCE from a billionaire and a LIFE-ALTERING WinkyDink Feb 2014 #61
That's the beauty of post-partisan negotiations jsr Feb 2014 #71
Fer shure! But I am partisan to the core! WinkyDink Feb 2014 #153
+1000000000 woo me with science Feb 2014 #86
and that's the crux of affluenza: the rich will complain even more about a 40% loss MisterP Feb 2014 #114
Indeed. And I have a real ancient one. I taught BritLit, and for the Medieval WinkyDink Feb 2014 #154
I'm afraid it's all a package, guys. You can't have the forever wars, the "free trade", the bankster Romulox Feb 2014 #67
We can't have our dystopia and eat it, too? nt woo me with science Feb 2014 #81
Link to the letter from Sen. Sanders ctsnowman Feb 2014 #89
It is really fascinating to read the Third Way talking points concerning Social Security cuts. djean111 Feb 2014 #90
Agreed. I can only think the majority of the pro-chained CPI crowd are paid trolls! grahamhgreen Feb 2014 #115
I am starting to think of Third Way politicians and the people who support them as non-Democrats. djean111 Feb 2014 #119
I've heard the term "Republican Democrats" as well. I saw an article recently about the Koch's grahamhgreen Feb 2014 #126
kick woo me with science Feb 2014 #95
kick woo me with science Feb 2014 #96
Kicked because ... 1StrongBlackMan Feb 2014 #132
Obama's Deputy Press Secretary Josh Earnest raised the issue. Why? grahamhgreen Feb 2014 #136
I did know a Deputy Press Secretary ... 1StrongBlackMan Feb 2014 #142
Can't, but he can raise an issue! :-) grahamhgreen Feb 2014 #147
Would you be in favor of a CCPI ... 1StrongBlackMan Feb 2014 #150
No on both:) grahamhgreen Feb 2014 #155
Why not? eom. 1StrongBlackMan Feb 2014 #156
So I can simply say, NO on cuts to Social Security. grahamhgreen Feb 2014 #158
That honest ... 1StrongBlackMan Feb 2014 #161
In my view, any cuts to benefits to any parties weakens SS:) grahamhgreen Feb 2014 #162
Even if those cuts all fell on the wealthy? eom. 1StrongBlackMan Feb 2014 #163
Yes. They need to be taxed more, not benefitted less. grahamhgreen Feb 2014 #164
The administration has changed its tactics, truebluegreen Feb 2014 #135
same with its approach to warfare MisterP Feb 2014 #157

Cleita

(75,480 posts)
1. Sigh what is wrong with us. First we are throwing away children's school
Sat Feb 22, 2014, 04:41 PM
Feb 2014

lunches and now we want to starve seniors, who are already starving and freezing to death from lack of heat even more.

 

yeoman6987

(14,449 posts)
57. My Boss every year...
Sun Feb 23, 2014, 10:20 AM
Feb 2014

My Boss every year comes out and let's us all know that it is that time of the year when Social Security no longer comes out of his check. It really is a punch in the stomach hearing this every year. He is a really good boss, but it is SO annoying hearing that he gets an instant raise about June every year. So annoying!!!!!!

 

yeoman6987

(14,449 posts)
65. Not at all
Sun Feb 23, 2014, 10:27 AM
Feb 2014

I am really getting pissed even thinking about it right now. Isn't it ridiculous that because he is so nice that we actually feel guilty being upset about it….yep we all feel that way. So dang stupid!!!!

n2doc

(47,953 posts)
2. Doesn't matter
Sat Feb 22, 2014, 04:42 PM
Feb 2014

The Repubs won't take the deal. There is zero chance They will even consider this, instead they will whine about Obama "ignoring the debt crisis". They have their narrative.

 

Marr

(20,317 posts)
39. Let me get this straight.
Sun Feb 23, 2014, 02:25 AM
Feb 2014

You depend on a dysfunctional Republican Party that is incapable of taking "yes" for an answer to save you from the policy goals of the Democratic President you support, and that's... not a problem?

Skittles

(153,111 posts)
43. who gives a F*** about repukes?
Sun Feb 23, 2014, 03:26 AM
Feb 2014

is it TOO MUCH TO ASK for a DEMOCRATIC PRESIDENT to stop using SOCIAL SECURITY as a POLITICAL FOOTBALL?

Lasher

(27,536 posts)
87. Amen, Sister! Amen!
Sun Feb 23, 2014, 12:02 PM
Feb 2014

Last edited Sun Feb 23, 2014, 12:35 PM - Edit history (1)

Sometimes you can cut the rationalization with a knife.

sabrina 1

(62,325 posts)
105. Of course it matters. LIES matter. SS has NOTHING to do with the deficit. That is a lie
Mon Feb 24, 2014, 12:17 AM
Feb 2014

and the continuation of that lie matters a LOT. It is paving the way, and now by a DEMOCRAT for the privatization of SS. This is what matters. WHY is a Democrat going along with this Right Wing dream about SS? If we wanted this we would have voted for Republicans. We KNOW they have been lying about SS for decades. But it matters a great deal when OUR PARTY joins them in their lies.

First, the Government does not have the RIGHT to touch that fund. Never mind that cutting benefits won't do a thing to lower the deficit NOT A THING. In fact, it's likely to help INCREASE it.

It may not matter to you when the party we belong to begins to tell the same lies as they one we DON'T belong to. But it sure matters to a whole lot of other Democrats which is why they temporarily took it out of the budget during an election year after hearing from those millions of people.

Response to grahamhgreen (Original post)

 

Hoyt

(54,770 posts)
4. I'll give up a little of my SS to get taxes increased, if that is what it takes.
Sat Feb 22, 2014, 04:46 PM
Feb 2014

It shouldn't take that, except for Republicans. However it's accomplished, we'll all be better off.

Cleita

(75,480 posts)
6. They can increase taxes without penalizing the poor especially seniors
Sat Feb 22, 2014, 04:58 PM
Feb 2014

who won't have an opportunity to work in the future to add to their retirement.

Cleita

(75,480 posts)
26. I didn't say they would do it, just that it can be done.
Sun Feb 23, 2014, 01:32 AM
Feb 2014

Bernie Sanders has suggested a transaction tax of pennies on Wall Street trades that would yield billions in tax revenue to shore up our social programs and bring down the deficit and debt. It's doable, but as long was we have a Congress of Tea Bag trolls it won't happen.

 

Hoyt

(54,770 posts)
29. So, we know it needs to be done, but are unwilling to do anything to get them to do it.
Sun Feb 23, 2014, 01:44 AM
Feb 2014

That gets us nowhere. In a couple of years, I will need every penny I get from SS, but I'd put a little a risk in hopes we improve situation for poor, unemployed, those on food stamps, better education, long term SS benefits, etc. Protections are in place for those on lower end of SS scale under the proposals.

I realize there are other ways it could be done, but people will get hurt while we wait a few decades.

Cleita

(75,480 posts)
31. I wish you weren't right but you are. I'm suffering right now because of the way
Sun Feb 23, 2014, 01:46 AM
Feb 2014

the system was manipulated that depleted my retirement income and left me relying on Social Security and now they are diminishing that. I was speaking to family tonight and I told them that my income is not keeping up with inflation. They were wondering why I complained about the cost of gas or why I couldn't go buy a hybrid.

 

Hoyt

(54,770 posts)
34. I'm no saying this cause I want it to be true, but things are really screwed up and they will get
Sun Feb 23, 2014, 01:58 AM
Feb 2014

worse if we don't start doing something. Right wingers will sit there and let things get worse for everyone. And they are not going away, they are like rats and cockroachs.

Cleita

(75,480 posts)
35. We do need to band together and start pushing them to do the right thing.
Sun Feb 23, 2014, 02:00 AM
Feb 2014

I wish we had a leader somewhere to organize something that is workable and that we can do.

Cleita

(75,480 posts)
36. Here's an article on the transaction tax.
Sun Feb 23, 2014, 02:07 AM
Feb 2014

It's a year old but it gives you an idea of what can be done.


The Nation
Financial Transactions Tax Introduced Again—Can It Pass This Time?
George Zornick on February 28, 2013 - 1:24 PM ET

Just like the Congress before this, and the one before that, the 113th Congress will have a financial transactions tax to consider—and its backers are confident that, this time, they can make it law.

Thursday morning in the US Capitol, Senators Tom Harkin and Sheldon Whitehouse, along with Representative Peter DeFazio, announced the latest version of a tax on Wall Street trading: it would place a small tax of three basis points (that is, three pennies for every hundred dollars) on most non-consumer trades. Senator Bernie Sanders is also a co-sponsor of the legislation, as are nineteen members of the House.

If enacted, the tax would generate $352 billion in revenue over the next ten years, according to the Joint Committee on Taxation. It would apply to traded stocks and bonds, derivative contracts, options, puts, forward contracts, swaps and other complex Wall Street instruments. It would not cover the initial issuance of any stocks or bonds, nor covers or loans in the form of stock.

Three pennies per one hundred dollars would not be noticeable to most retail operations and average Americans—someone with a 401(k) balance of $60,000 (the median in the United States) would pay $18 per year in financial transactions taxes under this bill, and it contains a tax credit to cover the cost of the tax for contributions to tax-benefitted pension, health and education plans.
more at:

http://www.thenation.com/blog/173134/financial-transactions-tax-introduced-again-can-it-pass-time#

SammyWinstonJack

(44,129 posts)
54. Trying to make them do the right thing by offering up SS cuts IS doing the wrong thing.
Sun Feb 23, 2014, 09:35 AM
Feb 2014

So why go there?




What gives this Administration the right to use SS as a bargaining chip?

krawhitham

(4,638 posts)
91. Agreed but...
Sun Feb 23, 2014, 01:15 PM
Feb 2014

It is not a bargaining chip if you know they will not take it (and you are not truly willing to give it up), it is a way to spin the media story. That is what many people here do not understand. It is about making voters think the Dems are reasonable and the Rethug are not willing to work with us

If the Dems are sure they will not take the deal, then you offered it to them so the GOP look worse and that leads to more votes for us in 2014

Like it or not that is how the political world works, it is not about making your side look good it is about making their side look like shit




And if some reason it back fires and they want to take the deal then the Dems demand something they know the GOP will not give up just to kill the deal. SS cuts are not going to happen it just makes us look good because we are willing to work with the other side by offering. If they call the bluff you just demand something they will never give up in return to kill the deal like comprehensive gun control

This offered has been "on the table" for what 4 years. If Administration truly wanted Chained CPI they would have it by now, people need to see this offer what it is, nothing more that political spin that neither side is willing to move on

 

grahamhgreen

(15,741 posts)
140. Nice theory but what happens when the media is controlled by the conservatives themselves, the story
Mon Feb 24, 2014, 04:07 PM
Feb 2014

becomes that the Dems are the ones who want to cut SS and the r's are the ones defending it - a far worse outcome than the convoluted 'we cut it to save it' explanation that is difficult to explain, at best.

 

Hoyt

(54,770 posts)
143. Do you turn complicated things over to folks who quote Medicine 101, Investments 101, Politics 101?
Mon Feb 24, 2014, 04:28 PM
Feb 2014

I think Obama is far beyond your freshman/sophomore courses.

 

grahamhgreen

(15,741 posts)
144. Only if what he's doing is actually trying to cut SS. Otherwise he's failing politics 101. You must
Mon Feb 24, 2014, 05:28 PM
Feb 2014

admit, there are other things he could offer besides SS for tax increases, right?

Or are you trying to sell the idea that there is no other deal possible to get tax increases on the wealthy/close loopholes????

No need to answer.... of course there are other deals possible. Chained CPI is at the bottom of the list of acceptable deals. in fact, it's not on the list.

FiveGoodMen

(20,018 posts)
152. Well, FIRST you DON'T hand them everything they want and brag about bipartisanship.
Mon Feb 24, 2014, 07:35 PM
Feb 2014

(tell the POTUS; he hasn't thought of this approach yet)

Fumesucker

(45,851 posts)
7. Then the next Republican in office cuts taxes and further cuts SS
Sat Feb 22, 2014, 04:59 PM
Feb 2014

While the M$M goes "Well the *Democrats* cut SS so it must be OK".

Fumesucker

(45,851 posts)
160. It makes no difference, they ~all~ want to cut taxes
Tue Feb 25, 2014, 06:39 AM
Feb 2014

And now the Democrats have given them the cover to cut SS too.

woo me with science

(32,139 posts)
9. You have no right to give up others' Social Security.
Sat Feb 22, 2014, 05:11 PM
Feb 2014

This is not the government's money to steal. It belongs to the people who paid into the insurance program.

And Bullshit to the idea that we'll all be better off. By putting these cuts on the table and repeating Republican lies linking SS to the deficit and endorsing economy-starving deficit *and* SS cuts, President Obama has viciously undermined the message, identity, and credibility of the Democratic party.

This garbage about austerity used to be considered just *Republican* talking points. Obama had from Day One of this Presidency to lead and correct these vicious economic lies that have led to the evisceration of the middle class and the widespread pain we see today. Instead, he has entrenched them and turned them into a *bipartisan* narrative that is destroying this country.

 

Hoyt

(54,770 posts)
16. Nice to see some folks are not interested in what is best for country.
Sat Feb 22, 2014, 08:31 PM
Feb 2014

Obama's proposal protects those on lower end. Again, if that is what it takes to get taxes increased to fund food stamps, unemployment, funds for jobs for the youth who pay our SS, etc., I'm willing to give up a little. You short sighted folks can keep yours until Republicans are elected because nothing changes.

 

grahamhgreen

(15,741 posts)
17. This is not what it takes. It's the opposite of what it takes. Conflating Social security with taxes
Sat Feb 22, 2014, 11:22 PM
Feb 2014

damages our chances of raising taxes.

The majority of Americans want to raise taxes on the wealthy and increase social security.... it's a no-brainer.

How much do you want to raise taxes on the wealthy?

 

Hoyt

(54,770 posts)
84. You need to quit reading by pointing at each word. Try reading in chunks. Things will make sense.
Sun Feb 23, 2014, 11:12 AM
Feb 2014

I'm more concerned about SS long-term, not how much is in your or my next check.

neverforget

(9,436 posts)
98. I got that point by reading your posts "in chunks".
Sun Feb 23, 2014, 09:31 PM
Feb 2014

So you've bought the Republican talking points (your post #16) about SS and that it needs to be cut in order to save it for the younger workers. In other words, you're totally cool with a cut to SS in order to get a tax increase from Republicans to fund other programs to help the poor by cutting SS that helps the poor.

But then in your post # 20, you say "I want more SS too, but it ain't happening."

It wasn't hard to deduct that you're on both sides of the issue. You're conflicted about it. I get it. I want SS to be there for everyone but cutting it now will only make it easier to cut in the future especially if a Democrat does it now.

 

Hoyt

(54,770 posts)
101. I don't think tweaking it under a Democrat hurts us as much as when electorate
Sun Feb 23, 2014, 09:46 PM
Feb 2014

says, let's let Republicons have a chance. Democrats can't get anything done.

I think the compromise is worth it for hundreds of billions in new revenue and defense cuts.

neverforget

(9,436 posts)
103. Well 117 House Democrats and 15 Senate Democrats disagree with you and Obama
Sun Feb 23, 2014, 10:37 PM
Feb 2014

concerning Chained CPI. It's a great campaign talking point for Republicans!

http://thehill.com/blogs/on-the-money/budget/198734-schwartz-leads-house-letter-to-obama-against-social-security-cuts

http://talkingpointsmemo.com/dc/obama-faces-liberal-revolt-on-social-security-cuts

"President Obama took smart steps in the direction of Elizabeth Warren's popular, populist agenda by talking about raising the minimum wage and income inequality. Proposing cuts to Social Security benefits would be an absurd step in the opposite direction -- and would be used by Republicans on the campaign trail to attack Democratic candidates," said Adam Green, co-founder of the Progressive Change Campaign Committee. "If President Obama wants to be on the right side of history, help millions of seniors, and help Democrats in 2014, he should join senators from red, purple, and blue states in calling for an increase in Social Security benefits -- paid for by asking the rich to pay the same rate in Social Security taxes as the rest of us."

Election-year considerations complicate the already bizarre politics of Social Security. The battle lines, essentially, are Beltway centrists and anti-spending conservative groups on one side, in favor of cutting it, and a majority of Democratic and Republican voters on the other side, against cutting it. GOP leaders want to slash the program but are reluctant to say so openly -- they want Democrats' fingerprints on the knife so they can share the political blame.


woo me with science

(32,139 posts)
102. We need to cut SS *now,* because
Sun Feb 23, 2014, 10:34 PM
Feb 2014

if we don't, we may have to cut it in the *future!*

Economy-starving austerity is *designed* to eliminate the social contract. Any politician genuinely concerned about rescuing SS would be focused on jobs and stimulus and reversing the pattern of theft and inequality-spawning policy of recent decades....NOT on passing predatory "trade" agreements that will lower wages across the board and *cutting* the safety net.

What shameless liars and thieves our politicians become in this sick, corrupt political system the One Percent have created.



_____________________________________
*Remember when they doubled the contribution to FICA in the 80's and told us that would take care of the approaching Baby Boom retirement?

neverforget

(9,436 posts)
104. What's with this buying of Republican talking points regarding Social Security?
Sun Feb 23, 2014, 11:53 PM
Feb 2014

Austerity for you and me but the 1% will never be made to give more.

Edited to add: what would those who are for this on this board think of a Republican President offering up Chained CPI? Can you imagine how pissed off people would be here?

eridani

(51,907 posts)
24. Please stop the bullshit. The poorest are not protected at all--some of the cuts (but not all)
Sun Feb 23, 2014, 12:52 AM
Feb 2014

--are partly compensated for. The fact that there is massive damage is proven by the acknowlegement that something should be done to correct it. If you are in the top 20% that does not rely mostly on Social Security, well bully for you. Stop advocating fucking over everyone else.

We can guaranteee retirement security for youth simply by scrapping the cap.

 

Hoyt

(54,770 posts)
33. Actually, removing cap doesn't solve entire problem. And SS may well be 100% of my retirement.
Sun Feb 23, 2014, 01:50 AM
Feb 2014

unless I work, which I hope too.

But, be myopic and worry about your check and nothing else. I'm concerned about young folks who'll need good jobs to pay our benefits, unemployed, those on food stamps, etc.

eridani

(51,907 posts)
44. The issue of shitty jobs is best dealt with by raising the minimum wage
Sun Feb 23, 2014, 05:41 AM
Feb 2014

It is a separate issue from Social Security. And removing the cap does indeed solve the entire problem, at least for 75 years. There are some idiots who actually calculate solvency up to the end of the universe, but we need not pay any attention to them--they're just whores for the 1%

 

Hoyt

(54,770 posts)
51. Actually, it is not a separate issue because roughly 14% of increase goes to SS.
Sun Feb 23, 2014, 09:23 AM
Feb 2014

No, removing the cap greatly increases benefits for those affected. It does not solve the entire issue.

But, again, if Republicans won't do what is right for country without some token SS reform, then I'm fine with having it on the table to get things moving. You can stand your ground and blame everyone else as things get worse. It's definitely their fault, but the Repukes aren't going anywhere for a long time. In any event, I think Obama is taking right tack.

 

Hoyt

(54,770 posts)
79. Poor thing.
Sun Feb 23, 2014, 10:59 AM
Feb 2014

Last time I saw something like that was from a bunch of bigoted right wingers with signs proclaiming "English is our national language."

eridani

(51,907 posts)
108. You don't give in to Repukes on Social Security, period
Mon Feb 24, 2014, 12:48 AM
Feb 2014
http://www.truth-out.org/joshua-holland-were-being-conned-social-security62974

According to Bruce Bartlett, in an incredibly typical scare-piece in billionaire granny-basher Pete Peterson’s Fiscal Times, that’s not true. Social Security’s problems are immense. “The 2009 report of Social Security’s trustees,” Bartlett writes, “showed a long-term actuarial deficit in that program of $15 trillion.” That is an almost unimaginably large number, given that the entire annual output of the United States was only $14 trillion last year.

But what does it really mean? Well, it turns out that Bartlett’s not even referring to the dubious 75-year projection of the Social Security “gap.” His terrifyingly big figure actually represents the program’s “shortfall” stretching out to infinity. That’s right-- it’s the program’s “unfunded liability” if everything remains as projected forever, and assuming the earth isn’t destroyed by a moon-sized meteor at some point before forever arrives. (The geeks at the American Academy of Actuaries have suggested that the “infinite horizon” measure is complete nonsense.)

According to the 2010 Social Security Trustees’ report, the 75-year gap is estimated to be $5.4 trillion -- still a big number. But there’s another way to express it: it equals just 0.7 percent of our projected economic output over that same period. That’s less than one penny on the dollar
 

Hoyt

(54,770 posts)
83. You doubt that huh? Here read this from report by Congressional Research Service
Sun Feb 23, 2014, 11:10 AM
Feb 2014
https://www.fas.org/sgp/crs/misc/RL32896.pdf

Link courtesy of Ezra Klein

"Raising or eliminating the cap on wages that are subject to taxes could reduce the long-range
deficit in the Social Security Trust Funds. For example, if the maximum taxable earnings amount
had been raised in 2005 from $90,000 to $150,000—roughly the level needed to cover 90% of all
earnings—it would have eliminated roughly 40% of the long-range shortfall in Social Security. . . . . ."

You should read and think more.
 

grahamhgreen

(15,741 posts)
124. Raising the cap just on workers making over $250,000 makes it solvent 'forever', do you need a link
Mon Feb 24, 2014, 01:50 PM
Feb 2014

or can you trust me on this?

 

Hoyt

(54,770 posts)
129. Would like to see a link. Bernie Sanders offered a Bill to do just that, it got nowhere.
Mon Feb 24, 2014, 02:13 PM
Feb 2014
http://www.politifact.com/truth-o-meter/promises/obameter/promise/44/lift-the-payroll-tax-cap-on-earnings-above-25000/

Two big reasons it gets nowhere -- Congresspeople realize it's a big tax increase -- essentially, a 14 percentage point increase. We need that money for other things, not just for those focused only on SS. And, to have the impact you expect, Congress has to freeze benefits derived from the current cap level. I don't see that happening. Now, none of that will impact me since I'm not at that income level, so I guess I should just join you guys and support it.
 

grahamhgreen

(15,741 posts)
148. Chained CPI got nowhere - get the president behind the Sanders bill and we can get it passed:)
Mon Feb 24, 2014, 05:51 PM
Feb 2014
http://www.strengthensocialsecurity.org/media/blog/2011/sanders%E2%80%99-bill-s-1558-guarantees-social-security-for-75-years

Specifically, my legislation
would apply all income over $250,000
a year to the Social Security payroll tax.

The Chief Actuary of the Social Security Administration has
projected that doing this will ensure that Social Security
can pay out all benefits
for at least the next 75 years
.
In fairness, I can't take credit for this legislation.
It is exactly what Barack Obama proposed to do when he
campaigned for President back
in 2008.


During the presidential campaign, candidate Barack Obama said:
"What we need to do is to raise the cap on the payroll tax so that wealthy
individuals are paying a little bit more into the system.
Right now, somebody like Warren Buffet pays a fraction of 1 percent of his income
in payroll tax, whereas the
majority . . . pays payroll tax on 100 percent
of their income. I've said that was not fair."
The President's specific
campaign proposal was to apply Social Security payroll taxes to all
income above $250,000.
In other words,
the proposal I will be
introducing is exactly what the President campaigned on
Social Security is a promise to Vermonters and all Americans that
when they get old, if they become disabled, or if they lose their parents,
they will not live in abject poverty.
Social Security is a promise
that we cannot break.
We have got to keep our word.
And, that's exactly what this legislation would do.
http://www.sanders.senate.gov/imo/media/doc/Social%20Security%20Statment%20-%208-24-11.pdf
 

Hoyt

(54,770 posts)
151. Will not happen. You might get a much smaller tax on such income, if
Mon Feb 24, 2014, 06:47 PM
Feb 2014

Republicans lose control of House. I don't see that happening either. So here we'll sit, 5 or 10 years from now, standing our ground.

 

Hoyt

(54,770 posts)
82. Excuse you, no way. That's right, way system works today, current worker's FICA taxes are paying
Sun Feb 23, 2014, 11:06 AM
Feb 2014

your social security benefits. You need to read up on way things work nowadays (not how they should work, but how they do work).

Left out a bunch of "the's" just for you.

eridani

(51,907 posts)
106. That's bullshit. Current benefits are being paid out of the trust fund
Mon Feb 24, 2014, 12:38 AM
Feb 2014

Pay as you go was eliminated in 1983, when FICA was raised so as to PREPAY for the anticipated baby boomer demographic lump.

 

Hoyt

(54,770 posts)
107. You have to ge kidding. Read link in post 83. I wish your view were right,
Mon Feb 24, 2014, 12:46 AM
Feb 2014

but it's not. In fact, it's naive. Again, I agree things are supposed to be as you believe, but they aren't. Good luck.

eridani

(51,907 posts)
109. The article relies on bullshit assumptions, projecting the shortfall to FOREVER
Mon Feb 24, 2014, 12:52 AM
Feb 2014
http://blog.buzzflash.com/hartmann/10015

Coincidentally, the actuaries at the Social Security Administration were beginning to get worried about the Baby Boomer generation, who would begin retiring in big numbers in fifty years or so. They were a "rabbit going through the python" bulge that would require a few trillion more dollars than Social Security could easily collect during the same 20 year or so period of their retirement. We needed, the actuaries said, to tax more heavily those very persons who would eventually retire, so instead of using current workers' money to pay for the Boomer's Social Security payments in 2020, the Boomers themselves would have pre-paid for their own retirement.

Reagan got Daniel Patrick Moynihan and Alan Greenspan together to form a commission on Social Security reform, along with a few other politicians and economists, and they recommend a near-doubling of the Social Security tax on the then-working Boomers. That tax created - for the first time in history - a giant savings account that Social Security could use to pay for the Boomers' retirement.

This was a huge change. Prior to this, Social Security had always paid for today's retirees with income from today's workers (it still is today). The Boomers were the first generation that would pay Social Security taxes both to fund current retirees and save up enough money to pay for their own retirement. And, after the Boomers were all retired and the savings account - called the "Social Security Trust Fund" - was all spent, the rabbit would have finished its journey through the python and Social Security could go back to a "pay as you go" taxing system.
 

Hoyt

(54,770 posts)
113. No, I'm right that they didn't pay enough, and I take no satisfaction in being right.
Mon Feb 24, 2014, 01:02 AM
Feb 2014

So what are we going to do if today's workers can't cover shortfall.? Obama recognizes the ugly truth.

eridani

(51,907 posts)
118. There is no shortfall, period
Mon Feb 24, 2014, 08:44 AM
Feb 2014

Scrapping the cap fixes any shortfall out to 75 years. On what planet is a trilion dollar surplus "not enough"?

Obama is just whoring for the 1%, who have always despised Social Security.

 

Hoyt

(54,770 posts)
120. Do you even have an idea of what is paid out of the fund each year? That trillion
Mon Feb 24, 2014, 10:10 AM
Feb 2014

goes fast, and we are eating into it every day. Read the reports.

eridani

(51,907 posts)
121. It's SUPPOSED to go fast!
Mon Feb 24, 2014, 10:13 AM
Feb 2014

It was created to build up a surplus to handle the demographic lump of baby boomers, and when the pig is all the way through the python, we can go back to pay as you go for a few years. Then we'll have to deal with the Millenial demographic lump in the same way.

 

Hoyt

(54,770 posts)
122. If you go back to "pay as you go, " you gotta have enough people with good jobs paying in, and
Mon Feb 24, 2014, 10:20 AM
Feb 2014

Last edited Mon Feb 24, 2014, 06:42 PM - Edit history (1)

many of the baby boomers aren't going to die as quick as you want. That python will be long dead before your pig makes it through.

truedelphi

(32,324 posts)
12. But we don't even need to raise taxes. Although I would be
Sat Feb 22, 2014, 05:58 PM
Feb 2014

Last edited Sat Feb 22, 2014, 06:48 PM - Edit history (1)

As pleased as punch if the Upper One percent started paying their fair share, what is really happening is this:

We don't really need to increase taxes at all.

Why not? Because there is a huge Peace Dividend just sitting around waiting to be tapped into. We no longer are fighting the War on the People of Iraq. Our forces in Afghanistan are being scaled back.

So there is all this lovely money just sitting inside the Government's Federal Budget. (DoD and Defense and Surveillance Spending is now 1.2 trillions, and then there are the matters that are black op budgeted, and that only Her Holiness Di Feinstein, her husband and a few others know about.) One point two trillion bucks is a lot of bucks.

So if half the military budget could be taken from Defense and Surveillance and given to the real needs of our communities, things would be great.

Except, Wait for It -we need to modernize our military. I mean: our nation right now being a bigger spender on defense items than the next 26 nations combined is just not good enough, is it? . We have to spend and spend and spend.

90% of the Counties in California now have MRAP's. These vehicles cost over $ 350,000 a piece. Our schools are in shambles, our roadways a joke, local community godsends such as public swimming pools are closing due to no County official having $ 15,000 for pool repairs, but hey! each county has an MRAP! With the County officials announcing to the public that they accepted the MRAP's because Wait for it - the vehicles are free. (Only a moron thinks something offered by the government is free.)

Additionally we will never see much advantage in having a Peace Dividend because what is not being spent for insane purposes by our Military and DOD, is being spent on Surveillance. Why there could be a terrorist out there somewhere!

 

Hoyt

(54,770 posts)
21. I get it, but Congress doesn't. Heck, even Catford Commission supported big cuts military.
Sun Feb 23, 2014, 12:05 AM
Feb 2014

They also supported raising SS wage cap by a lot.

Sorry, I'm fine with making a small compromise to get some things done.

 

grahamhgreen

(15,741 posts)
125. Why not bargain with military cuts? Either raise taxes or I'm cutting the military....
Mon Feb 24, 2014, 01:55 PM
Feb 2014

The R's have never responded to niceties, they respond to demands.... They are right wing authoritarians and look at offers as weakness.

There is no upside for Obama on offering to starve children and grandmothers.

 

Hoyt

(54,770 posts)
128. Guess you missed the fact we are already starving children with cuts to food stamps while we do what
Mon Feb 24, 2014, 02:00 PM
Feb 2014

you guys want, play a standoff with the Republicans.

But, I guess we can sit here and do nothing until the Republicans regain control of the government. Then we'll get something done alright, but it will be a lot worse than Chained CPI. But you guys can smile and say, we stood our ground and didn't cave.

 

grahamhgreen

(15,741 posts)
130. That's completely without basis. We just stood our ground and got chained-CPI off the table, lol!!!
Mon Feb 24, 2014, 02:14 PM
Feb 2014

Before that, we stopped war with Syria.

In the meantime we just wasted another 2 billion this week on Afghanistan - for what???

It was Democratic caving on the farm bill that cut food stamps, in my view. That cut represent 5 short weeks in Afghanistan fighting a war that is creating terrorists. You're entire line of argument is posited from the republican talking point of view, in my opinion.

Republicans respond to strenght, not weakness and compromise. They want to be told what to do, it's in their DNA. So get on board before you get left behind, lol!!!

Response to Hoyt (Reply #4)

putitinD

(1,551 posts)
27. "I'll give up a little of my SS to get taxes increased, if that is what it takes."
Sun Feb 23, 2014, 01:41 AM
Feb 2014

At the very first opportunity, the Repubs would lower taxes on the rich job creators again. leaving seniors even less to get by on.

Bohunk68

(1,364 posts)
45. So nice and wonderful that you are willing
Sun Feb 23, 2014, 08:41 AM
Feb 2014

to give up some of your SS. I get $825/mo. I will have to sell my home that we built because the tax load is getting too heavy. I get LI-HEAP because of my low income and was only able to get 2 cords and that was late in the season because of the tardiness of the the Rethugs in Congress. My firewood is going to run out within the week and we have another Polar freeze coming late next week. I had to utilize our local food pantry just to get enough to last until the 3rd.

Maybe it's fine for you to give up a little, but where is the little that I and many of my fellow seniors to give up? I also serve on our county senior council and I know for a fact that seniors are going down the tubes. But, oh, yeah, let's give up a little so the rich mofos can have more.

 

Hoyt

(54,770 posts)
53. And Obama's proposal would not affect you. In fact, Catford Commission would have given you an
Sun Feb 23, 2014, 09:32 AM
Feb 2014

increase. In any event, as bad as it is right now, it can get worse for you and a lot of other people. I agree with the rich mofos, but refusing to see the truth of the politics involved doesn't change anything. Good luck.

Bohunk68

(1,364 posts)
117. I've probably been involved in politics
Mon Feb 24, 2014, 08:44 AM
Feb 2014

longer than you have been alive, so take your condescension elsewhere. Keep your phony good luck wishes, too.

 

yeoman6987

(14,449 posts)
63. I get $825/mo.
Sun Feb 23, 2014, 10:25 AM
Feb 2014

Oh my gosh. Sorry to hear that. I had no idea that people were paid so low in Social Security. I always hear people saying that they get around 1500-2000 dollars. Yieks! Our future is in huge jeopardy.

woo me with science

(32,139 posts)
8. Neoliberalism = Republican economics.
Sat Feb 22, 2014, 04:59 PM
Feb 2014

Last edited Sun Feb 23, 2014, 01:53 AM - Edit history (1)

[font size=4]'The idea of imposing austerity under recession is a recipe for suicide. ... The effect, and presumably the intention, is to dismantle the welfare state and the social contract.'
-Noam Chomsky
[/font size]



Obama in 2006, advocating globalism and Social Security cuts/"reform": "This is not a bloodless process."....."Too many of us have been interested in defending programs as written in 1938."



More here:




Lasher

(27,536 posts)
10. That is the reason he so admires Saint Ronnie.
Sat Feb 22, 2014, 05:47 PM
Feb 2014

Economic neoliberalism is just another way to describe Reaganomics.

truedelphi

(32,324 posts)
13. But even David Stockman, Reagan's economic advisor, now thinks both
Sat Feb 22, 2014, 06:05 PM
Feb 2014

Parties are run by wolves, whose sole purpose in life is to serve themselves those heaping platters of profits.

Remember how at the end of Reagan's terms in office, the Savings and Loan crisis hit? And what happened next? Were there massive bailouts and was the philosophy of not changing regulations selected as the way to repair the economy?

No, rather than bailing out the Savings and Loans, there was actual jail time served for some of those who inflicted this pain on the nation.

Not only that, but state chartered regional banks received massive infusions of needed monies, with the provisions that those monies be lent to individuals and businesses in that region.

By the time that Obama gets in office, Glass Steagal has been stripped away, and Enronizing everything is just how it works. The stupendously over the top Bailouts will be costing our grandkids much suffering deprivation and what not, but at least Obama got to stay in power. I have no doubt his re-election occurred as he pleased his buddies, like Geithner and Dimon so many times over that most of the people I know realize he will be getting far more than Bill Clinton's paltry $ 100K per speech in front of Corporate Podium when he leaves the WH.

woo me with science

(32,139 posts)
68. Yup. Want to drive home how extreme the corruption
Sun Feb 23, 2014, 10:30 AM
Feb 2014

and shift to the right have progressed? These days, we can't even get a defense of Social Security from Obama approaching this one REAGAN made:

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=3712351

ProSense

(116,464 posts)
14. Maybe
Sat Feb 22, 2014, 06:19 PM
Feb 2014

"Obama in 2006, advocating globalism and Social Security cuts/'reform': 'This is not a bloodless process.'.....'Too many of us have been interested in defending programs as written in 1938.'

...he was referring to programs like this:

It's time to repeal section 14(c) of the Fair Labor Standards Act of 1938
http://www.democraticunderground.com/10024425761

Of course, the President's Executive Order raising the minimum wage for federal contract workers include disabled Americans for the first time in history, ending 75 years of legal discrimination for those worker: http://www.democraticunderground.com/10024489919

Congress needs to act.

Still, if you're implying that Obama promised to hurt seniors, then he has broken a promise, failing miserably.

Stimulus funding helped Americans with disabilities and seniors.

Obama’s stimulus package aids people with disabilities

By Mike Ervin,

<...>

The first is a one-time additional payment of $250 to people who receive Supplemental Security Income (SSI) and other selected Social Security benefits. Many SSI recipients live on less than $10,000 a year, and so this additional income will make a significant difference.

Second, the stimulus package also allocates $500 million to help the Social Security Administration reduce the processing time for claims and appeals decisions. During the Bush years, the number of people awaiting final determination on their Social Security disability claims more than doubled to 755,000. Many were waiting two years or more for determination, without income. Obama’s allocation should help end this disgrace.

<...>

More creatively, Obama provided $140 million to support centers for independent living. These nonresidential centers are run by people with disabilities and are focal points for services and advocacy. There are hundreds of these centers throughout the United States, providing thousands of good jobs for people with disabilities and others in their communities.

The stimulus package will also invest in the future by providing $540 million for vocational rehabilitation programs, which assist people with disabilities in obtaining higher education and jobs.

- more -

http://progressive.org/mag/mpervin030509.html

The American Recovery and Reinvestment Act included a number of provisions of particular concern to people with disabilities.

•The Act included $500 million to help the Social Security Administration reduce its backlog in processing disability applications;
•The Act supplied $12.2 billion in funding to the Individuals with Disabilities Education Act (IDEA);
•The Act also provided $87 billion to states to bolster their Medicaid programs during the downturn; and,
•The Act provided over $500 million in funding for vocational rehabilitation services to help with job training, education and placement.
•The Act provided over $140 million in funding for independent living centers across the country.

http://www.whitehouse.gov/issues/disabilities


Obamacare fulfilling promise to older Americans
http://www.democraticunderground.com/10024521045

The health care law strengthened Medicare.

<...>

MEDICARE’S FINANCIAL CONDITION

Medicare’s financial condition is measured in several ways, including the solvency of the Part A Trust Fund, the annual growth in spending, and growth in spending on a per capita basis. Average annual growth in total Medicare spending is projected to be 6.6% between 2010 and 2019, but 3.5% on a per capita basis (assuming no reduction in physician fees).

The Part A Trust Fund is projected to be depleted in 2024— eight years longer than in the absence of the health reform law—at which point Medicare would not have sufficient funds to pay full benefits, even though revenue flows into the Trust Fund each year. Part A Trust Fund solvency is affected by growth in the economy, which directly affects revenue from payroll tax contributions, and by demographic trends: an increasing number of beneficiaries, especially between 2010 and 2030 when the baby boom generation reaches Medicare eligibility age, and a declining ratio of workers per beneficiary making payroll contributions (Figure 4).

<...>

http://www.kff.org/medicare/upload/7305-06.pdf


In addition to expanding Medicaid, the ACA increased the Medicaid drug rebate percentage.
http://www.medicaid.gov/AffordableCareAct/Timeline/Timeline.html

Medicaid Drug Rebate Program

<...>

The Medicaid Drug Rebate Program is a partnership between CMS, State Medicaid Agencies, and participating drug manufacturers that helps to offset the Federal and State costs of most outpatient prescription drugs dispensed to Medicaid patients. Approximately 600 drug manufacturers currently participate in this program. All fifty States and the District of Columbia cover prescription drugs under the Medicaid Drug Rebate Program, which is authorized by Section 1927 of the Social Security Act.

The program requires a drug manufacturer to enter into, and have in effect, a national rebate agreement with the Secretary of the Department of Health and Human Services (HHS) in exchange for State Medicaid coverage of most of the manufacturer’s drugs. When a manufacturers markets a new drug and electronically lists it with the FDA, they must also submit the drug to the Drug Data Reporting (DDR) system. This ensures that states are aware of the newly marketed drug. In addition, Section II(g) of the Rebate Agreement explains that labelers are responsible for notifying states of a new drug’s coverage. Labelers are required to report all covered outpatient drugs under their labeler code to the Medicaid Drug Rebate Program. They may not be selective in reporting their NDC's to the program. Manufacturers are then responsible for paying a rebate on those drugs each time that they are dispensed to Medicaid patients. These rebates are paid by drug manufacturers on a quarterly basis and are shared between the States and the Federal government to offset the overall cost of prescription drugs under the Medicaid Program.

http://www.medicaid.gov/Medicaid-CHIP-Program-Information/By-Topics/Benefits/Prescription-Drugs/Medicaid-Drug-Rebate-Program.html

Medicaid has one of the best drug policies, much better than Medicare.

Issue Brief - Medicare Drug Negotiation and Rebates

<...>

Best Price. A third argument is that it makes sense for Medicare to receive the best price available for prescription drugs, just like Medicaid and the VA. In Medicaid, the drug manufacturer provides the federal government discounts for drugs, which are shared with the states. The discount is either the minimum drug amount or an amount based on the best price paid by private drug purchasers, whichever is less. Current law requires drug companies to charge Medicaid 23 percent less than the average price they receive for the sale of a drug to retail pharmacies. Drug companies also must provide another discount if a drug’s price rises faster than the rate of inflation (Thomas and Pear, 2013)...Medicaid rebates, if applied to Part D, would save the federal government money. According to a 2011 study conducted by the Office of the Inspector General (OIG) for the U.S. Department of Health and Human Services, Medicaid rebates were three times greater than the discounts negotiated by Part D for 100 brand name drugs. In 68 of these drugs, Medicaid rebates were twice as high as rebates granted by the drug companies for Medicare drugs (OIG HHS, 2011; Hulsey, 2013). Similarly, a 2008 study of drug pricing information by the U.S. House Committee on Oversight and Government Reform found that Part D paid, on average, 30 percent more for drugs than Medicaid (Hulsey, 2013).

- more -

http://www.ncpssm.org/PublicPolicy/Medicare/Documents/ArticleID/1138/Issue-Brief-Medicare-Drug-Negotiation-and-Rebates




woo me with science

(32,139 posts)
22. Only those who didn't read or listen to his words,
Sun Feb 23, 2014, 12:24 AM
Feb 2014

or those being purposely disingenuous, could possibly conclude what you suggest.

Barack Obama: "This is not a bloodless process."

He is talking about the pain these policies will cause. His own words acknowledge that he is talking about policies that will inflict pain. But he is advocating them nevertheless.

Predictable diversionary commercial from you, though.



ProSense

(116,464 posts)
47. That's hilarious.
Sun Feb 23, 2014, 09:14 AM
Feb 2014

"Only those who didn't read or listen to his words, or those being purposely disingenuous, could possibly conclude what you suggest."

So he announced he was going to hurt seniors, and "only who didn't read or listen to his words" (unlike you I presume), didn't realize that he promised?

So if he announced his intention, how does that qualify him as a "trojan horse" (another of your favorite charges)?

"He is talking about the pain these policies will cause. His own words acknowledge that he is talking about policies that will inflict pain. But he is advocating them nevertheless. "

If he promised, why is he failing: http://www.democraticunderground.com/10024547107#post14

"Predictable diversionary commercial from you, though. "

Even more hilarious are those hi-fiving the drivel you push.

 

Marr

(20,317 posts)
37. Every time I see one of your long posts, I think of an octopus squirting ink.
Sun Feb 23, 2014, 02:17 AM
Feb 2014

So often they seem like they're meant to do nothing but cloud the water and hopefully redirect those interested in the topic under discussion.

Lasher

(27,536 posts)
73. The charge is justified in this case.
Sun Feb 23, 2014, 10:34 AM
Feb 2014

Your square peg copy and paste didn't fit the round hole where a meaningful argument might have gone.

ProSense

(116,464 posts)
75. I can't imagine
Sun Feb 23, 2014, 10:38 AM
Feb 2014

"The charge is justified in this case. Your square peg copy and paste didn't fit the round hole where a meaningful argument might have gone."

...why you would say that after being in denial about the fact that Carter's policies cut Social Security.

http://www.democraticunderground.com/10024538227#post41

Carter was the last Democratic President to lower Social Security benefits.
http://www.democraticunderground.com/10024536721

Lasher

(27,536 posts)
85. Wildly inaccurate assertion on two levels:
Sun Feb 23, 2014, 11:43 AM
Feb 2014

Please show where I denied anything about Carter's policies regarding Social Security. I've done no such thing.

I go to a lot of trouble to put my replies together and it hurts my feelings when you don't even read them. Please read my reply to that one of yours that you just linked. It looks just like this:

Lasher (22,783 posts)

48. OK Republicans hate Social Security. How does that make Obama's proposed cuts any less real?

Did Obama propose Social Security cuts or not? Most voters won't care about your rationalization, so a yes or no answer is called for here. That's how he's done lasting damage to the Democratic Party brand. It is now more difficult to claim the moral high ground where our domestic social programs are concerned.

ETA: The 1993 Omnibus Budget Reconciliation Act increased the portion of Social Security annuities that are subject to taxation from 50% to 85%. President Clinton signed the bill into law on August 10, 1993.

http://www.ssa.gov/history/InternetMyths2.html

http://www.democraticunderground.com/10024538227#post48

So Carter wasn't the last Democratic President to lower Social Security benefits. Bill Clinton was. Regardless, Obama proposed Social Security cuts and you can't change that truth no matter how hard you try.

Bohunk68

(1,364 posts)
46. Maybe some on SS got a one-time check, but
Sun Feb 23, 2014, 08:48 AM
Feb 2014

I was getting under $800 at the time and didn't get a goddamn dime.

DrDan

(20,411 posts)
11. not really - just part of the grand strategy
Sat Feb 22, 2014, 05:52 PM
Feb 2014

I know because I read it here . . . from those who are really in the know

woo me with science

(32,139 posts)
77. "The embrace of a culture of cruelty."
Sun Feb 23, 2014, 10:45 AM
Feb 2014

Henry Giroux on Resisting the Neoliberal Revolution
http://billmoyers.com/2014/02/21/henry-giroux-on-resisting-the-neoliberal-revolution/

Neoliberalism is..."the embrace of a culture of cruelty."

Barack Obama, advocating globalism and SS cuts/"reform" in 2006
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1540315:

"This is not a bloodless process."

They know these policies hurt millions.

They. Don't. Care.


.
 

Aerows

(39,961 posts)
40. I have to wonder how
Sun Feb 23, 2014, 02:26 AM
Feb 2014

"But we aren't Republicans" is going to play in 2014. It's going to be "You idiots that voted for Nader cost us 2014".

Well, if you stepped up to the fucking plate and started acting like Democrats and vetoed TPP, the Comcast TW merger and every other thing that our Democratic party should stand for, then yes, we are deserving of the government we vote for. If you don't, it's completely our fault.

MindMover

(5,016 posts)
131. Your exercise in futility is misspent ... because the government has little or nothing to do ...
Mon Feb 24, 2014, 02:17 PM
Feb 2014

with running our country ...

 

Aerows

(39,961 posts)
38. If you agree
Sun Feb 23, 2014, 02:21 AM
Feb 2014

to eat catfood for the rest of your life, the 12 children that qualify for the program can eat a school lunch.

The handful of Wall Street Profiteers, Oil Companies and Hedge Fund Managers can get a tax break and not be prosecuted for the crimes they have committed. Because you are willing to sacrifice so that a child doesn't go hungry and it is awesome that 100 people ... aren't trying to figure out a good recipe for Alpo and the best way to position the box you are living in.

Yay, team!

diabeticman

(3,121 posts)
52. I know I will get slammed for this BUT this makes me sick. I never thought I'd EVER see a Democrat
Sun Feb 23, 2014, 09:32 AM
Feb 2014

play around with social security like this.

It makes me want to

woo me with science

(32,139 posts)
80. I think this should drive home to everyone that the Third Way
Sun Feb 23, 2014, 11:00 AM
Feb 2014

is an *infiltration* of the party. It is a corporate-bankrolled cancer.

ProSense

(116,464 posts)
55. Earnest botched the response, but
Sun Feb 23, 2014, 09:41 AM
Feb 2014
“It’s a principle of fairness,” Earnest said.


...that comment was about the President's position of asking the rich to pay their fair share.

Q You said, Josh, earlier that chained CPI -- it’s still on the table. Does the White House view chained CPI as worth taking up only in some kind of transaction for something out of the Republicans? Or is the deficit reduction the chained CPI would give you worth doing on its own?

MR. EARNEST: It’s a really good question. I’m glad that you asked, and here’s why: This is a really important principle for the President not just because it’s good policy, but because it’s simple fairness.

The President is not going to be in a position where he is going to ask senior citizens and middle-class families to make sacrifices in pursuit of reducing the deficit and not ask the wealthy and well-connected to make some sacrifices, too; that it’s just not fair and it’s not good policy.


So if Republicans -- and Republicans thus far have refused to even consider closing any loophole that would cost a corporation or a wealthy individual one penny; that the second you bring up the prospect of closing tax loopholes, Republicans want to walk away. And why they think that it’s good policymaking to ask senior citizens and veterans and middle-class families to make sacrifices, but say that corporations and wealthy individuals and well-connected individuals shouldn’t have to bear any of that responsibility or make any of those sacrifices, it doesn’t make sense. It’s not fair and it’s not good policy.

So that’s why the President has insisted that if we’re going to ask seniors and others to make sacrifices by changing entitlement programs, then we’re also going to ask corporations and well-connected individuals to give up some of their tax loopholes.

Q So you’re saying that chained CPI, while it would reduce the deficit, either doesn’t do it enough or doesn’t do it in a significant way that would make it worth doing on its own?

MR. EARNEST: I’m saying that it would not be fair to just ask seniors to make a sacrifice in support of reducing the deficit without also asking the wealthy and well-connected to give up some of their tax loopholes. That is an important principle. It’s a principle of fairness. It’s also a principle of good policy.

So if Republicans hearing this exchange are thinking to themselves, well, you know what, that makes a lot of sense, maybe I should call the White House and say, hey, look, I’m willing to close some tax loopholes if you’re willing to put some entitlement reform changes on the table -- then I would encourage those Republicans to call the White House right now. I’m sure we can set up a meeting and we can have a conversation about that.

But that offer has been on the table for more than a year and we have not seen any constructive engagement from the other side. Now, I’m not really sure why that is. Is that because Republicans are interested in protecting the tax benefits enjoyed by the people who are funding their campaigns? Is it because Republicans have a philosophical objection to entitlement programs? You’d have to ask them why this isn’t a reasonable proposal.

But the President thinks it is a common-sense proposal. People all across the country think that this approach to reducing our deficit makes a lot of sense. We just haven’t seen a willingness from the other side to engage in a constructive conversation about that. But, again, if the fact of this conversation is going to change that and cause more Republicans to reconsider their position, then we’re standing by and ready to have that conversation.

http://www.whitehouse.gov/the-press-office/2014/02/20/press-briefing-principal-deputy-press-secretary-josh-earnest-2202014

While he made it clear that this is a Republican request, what he should have done was make it clear that it has nothing to do with deficit reduction.

Still, not only is this a moot issue for this year, but also for the future. Republicans are never going to accept the offer.




How Tea Party Absolutism Cost The GOP A Huge Win On Entitlements

The GOP's long-held dream of slashing the retirement safety net faded this week.

Back in the summer of 2011, Republicans had it within their grasp. A dejected President Barack Obama placed the crown jewels of liberalism on the chopping block, offering Republicans hundreds of billions of dollars in cuts to Social Security and Medicare benefits.

House Speaker John Boehner wanted to seal the so-called grand bargain, and was willing to reciprocate with the $800 billion in new tax revenues that the president sought in return. Democratic leaders were grudgingly willing to support Obama on what they feared was a lopsided deal for conservatives.

But the Ohio Republican, facing a tea party mutiny that threatened his Speakership, and loyalty issues within his own leadership team, was forced to walk away from the table. By many accounts, he was eager to make it happen, but the pressure from the anti-tax tea party movement was too strong to overcome. And so the deal was dead, never to be resurrected.

Nearly three years later, history suggests Boehner was right and the tea party was wrong. Republicans had a once-in-a-generation opportunity to capture their Great White Whale if they just acquiesced to $800 billion in taxes. It turns out they were forced to soak up $650 billion in taxes anyway in the end-of-2012 fiscal cliff deal. Only they got nothing in return on entitlements.

As of this week, Obama has rescinded his proposals to chop Medicare and Social Security benefits. The political landscape has changed, and the dream is over.

http://talkingpointsmemo.com/dc/how-tea-party-absolutism-cost-republicans-a-huge-win-on-entitlements




http://www.dailykos.com/story/2014/02/21/1279265/-Abbreviated-pundit-roundup-Rejecting-austerity

http://www.democraticunderground.com/10024540032


 

djean111

(14,255 posts)
58. "I will need every penny I get from SS, but I'd put a little a risk in hopes we improve situation
Sun Feb 23, 2014, 10:22 AM
Feb 2014
for poor, unemployed, those on food stamps, better education, long term SS benefits, etc."

Here is the way it actually works - those things you mention will just be next on the list of things the GOP and the Third Way want to cut. The GOP and the Third Way will eventually get every cut they want, it is incremental. ANY cut to Social Security is just opening the door.
Yeah, they will "protect the poorest" until there are so many of the poorest that, oh dear, they will need to cut again.. And again.

ctsnowman

(1,903 posts)
88. Exactly!
Sun Feb 23, 2014, 12:10 PM
Feb 2014

"Yeah, they will "protect the poorest" until there are so many of the poorest that, oh dear, they will need to cut again.. And again."

 

Hoyt

(54,770 posts)
94. Fine, we'll sit stagnant for a decade or two, and all those things - including SS - will get worse.
Sun Feb 23, 2014, 03:31 PM
Feb 2014

Then, true independents will say, let's let Republicans run the show for awhile. Then, see how it works out for you.

 

djean111

(14,255 posts)
97. No reason to "sit stagnant". Unless you feel the onliest bestest thing to do is just
Sun Feb 23, 2014, 09:28 PM
Feb 2014

dribble out the Third Way/GOP austerity. And that we should take all of our cues from the GOP/Third Way. like those creepy cousins are inevitable.
What you are really pushing here is austerity. Which has not been all that successful.
And positing that additional taxes on the rich won't be cut down the road is, IMO, ridiculous.
The end game for the GOP/Third Way is cutting both the safety net AND taxes on the rich.
They are not going to stop with what they consider a baby step of Chained CPI.

 

Hoyt

(54,770 posts)
100. No, I'm posting about political reality.
Sun Feb 23, 2014, 09:42 PM
Feb 2014

Your idea that opposing ChainedCPI will make them change is ludicrous. We need to do something now, and that is what Obama is trying to do while armchair politicians second guess everything.

 

WinkyDink

(51,311 posts)
61. OMG!!! "Principle of fairness"?!?! To take a PITTANCE from a billionaire and a LIFE-ALTERING
Sun Feb 23, 2014, 10:23 AM
Feb 2014

total from an elderly, disabled, or orphaned American???

MisterP

(23,730 posts)
114. and that's the crux of affluenza: the rich will complain even more about a 40% loss
Mon Feb 24, 2014, 02:14 AM
Feb 2014

than a poor person, even when it's literally ten thousand times worse for the poor; I recall some early-Roman subject in the Palestinian provinces calling it the "widow's mite"

 

WinkyDink

(51,311 posts)
154. Indeed. And I have a real ancient one. I taught BritLit, and for the Medieval
Mon Feb 24, 2014, 07:47 PM
Feb 2014

Era, I would mention hierarchies. I liked particularly to list the 7 Vices and 7 Virtues, for I would let them know that Charity ranked #1 for the latter, and that it means to give until it hurts, story of the Widow's Mite included.

I threw that old Liberal stuff in whenever I could!

Romulox

(25,960 posts)
67. I'm afraid it's all a package, guys. You can't have the forever wars, the "free trade", the bankster
Sun Feb 23, 2014, 10:30 AM
Feb 2014

bailouts, the secret drone killings, the Drug War, for-profit prison industry, and NSA spy apparatus alongside a robust, Norther European style Social Democracy.

 

djean111

(14,255 posts)
90. It is really fascinating to read the Third Way talking points concerning Social Security cuts.
Sun Feb 23, 2014, 12:28 PM
Feb 2014

And I would venture to guess that even the most voluminous, link-spangled, predictable talking points convince no one. No one at all. Not here.
The time for changing minds and smothering criticism (at least here at DU) with rhetoric, is long gone. IMO.

The continued conflating of these two issues by the administration is very disturbing.... Just when I though they might be getting a clue!


Oh, in some quarters, Conflation of Disparate Issues'R'us is the first line of offensive defense.
Methinks that doesn't work very well here, either. But it is amusing, the predictability of it.
 

djean111

(14,255 posts)
119. I am starting to think of Third Way politicians and the people who support them as non-Democrats.
Mon Feb 24, 2014, 10:01 AM
Feb 2014

As anti-Democrats. Conservadems. Posting from the Veal Pen. Pushing Austerity as the only "solution".
I consider they are gutting the Democratic party from within.
And the bland advice to "well then, support progressives at the local level" - the Third Way and the DNC are NOT going to support progressive Democrats after a certain level. Don't point at Elizabeth Warren as an illustration, either. The Third Way is open about considering Warren "out of hand". I don't think the DNC would have supported her if they had another Conservadem who was viable.

 

grahamhgreen

(15,741 posts)
126. I've heard the term "Republican Democrats" as well. I saw an article recently about the Koch's
Mon Feb 24, 2014, 01:57 PM
Feb 2014

putting money into DNC coffers, so I imagine you're right. http://americablog.com/2010/08/koch-industries-gave-funding-to-the-dlc-and-served-on-its-executive-council.html

I imagine the infighting on this board is supported by similar monies, at least in part.

 

1StrongBlackMan

(31,849 posts)
132. Kicked because ...
Mon Feb 24, 2014, 02:26 PM
Feb 2014

It's been a whole day and a half since DU got the vapors because President Obama dropped something that DU opposes from his budget proposal.

Question: If the CCPI has been dropped from President Obama's Budget Proposal, how is it "On the Table"? Who is going to raise the issue? Democrats? Not likely. Republicans? Just say no.

 

1StrongBlackMan

(31,849 posts)
142. I did know a Deputy Press Secretary ...
Mon Feb 24, 2014, 04:12 PM
Feb 2014

could submit a Budget Proposal or submit legislation for a vote.

 

grahamhgreen

(15,741 posts)
147. Can't, but he can raise an issue! :-)
Mon Feb 24, 2014, 05:43 PM
Feb 2014


All we want is for Chained-CPI to be off the table permanently, and equivocally.

It's in the best interest of the President!!!!

Social Security

Harris Interactive. February 6-13, 2012.

“Only 12% of the public want to see a cut in Social Security payments”.

KPC Poll. March 9, 2012.

“Over two thirds of Americans agree that the government has a role in providing a safety net for their personal financial security, including Social Security, Medicare, and protection from fraud.”

CNN/ORC Poll. September 23-25, 2011.

“Would you say that the Social Security system has been good for the country, has been bad for the country, or has had no effect on the country?” 79% answered good.

National Committee to Preserve Social Security and Health Care. Sept 8-11, 2011.

Voters overwhelmingly approve of raising the cap on Social Security wages above $106,000 (71% in favor, 21% oppose).

Raising retirement age is opposed (65% oppose, 30% in favor).

The Washington Post/Bloomberg News Poll, October 6-9, 2011

83% oppose reducing Social Security benefits in order to reduce the nation’s budget deficit.

Pew Research Center, June 15-19, 2011

60% support keeping benefits as they are under Social Security as being more important than reducing the budget deficit.

The Washington Post/ABC News Poll, March 10-13, 2011

53% support Collecting Social Security taxes on all the money a worker earns, rather than taxing only up to about $107,000 of annual income.
57% oppose raising the retirement age from 66 to 67.
52% oppose further reducing the benefits paid to people who retire early. For instance, people who retire at age 62 would get 63% of their full benefits, rather than the current 70%
66% oppose reducing benefits for future enrollees.

Gallup Poll, January 14-16, 2011

64% oppose spending cuts to Social Security.

Pulse Opinion Research for The Hill Poll – Social Security, February 9, 2011

48% oppose raising the Social Security age for people born after 1960.
67% believe Social Security taxes should be paid on all or most worker income

Lake Research Partners, October 31 to November 2, 2010

82% oppose cutting Social Security benefits in order to reduce the debt.
67% oppose cutting Social Security to make the program more solvent in the long term.
63% oppose reducing Social Security benefits for people earning more than $60,000 or more when they retire.
69% oppose raising the Social Security retirement age to 69.
66% support enacting Social Security taxes on wages about $106,800 (the Pay Roll Tax Cap) to make the program more solvent.

The Wall Street Journal/NBC News Poll, February 24-28, 2011

49% believe it will not be necessary to cut spending on Social Security to reduce the national deficit. (22% said Yes and 27% had no opinion).
77% believe cutting Social Security to help reduce the budget deficit is mostly or totally unacceptable.

Bloomberg News Poll, March 4-7, 2011

54% oppose raising the age of eligibility for Social Security to 69.

NBC News/Wall Street Journal, April 28, 2011

58% want tax increases on the wealthy as part of a deficit solution vs 36%.

Pew Research Poll, June 15-19

60% say Keep Social Security and Medicare benefits as they are vs 32% say change them to reduce deficits.

Associated Press-GfK Poll, March 5-9, 2011

54% believe it is possible to balance the budget without cutting spending on Social Security


 

1StrongBlackMan

(31,849 posts)
150. Would you be in favor of a CCPI ...
Mon Feb 24, 2014, 06:12 PM
Feb 2014

if it attached only to beneficiaries with accumulated wealth of $5,000,000? What about if it exempted all beneficiaries that never earned more than $250,000 in a given year?

While I do not support the eligibility formula for CCPI, as it is ... there are several ways in which I would happy to see it on the table.

 

grahamhgreen

(15,741 posts)
158. So I can simply say, NO on cuts to Social Security.
Tue Feb 25, 2014, 02:33 AM
Feb 2014

Last edited Tue Feb 25, 2014, 03:26 AM - Edit history (1)

Social Security does not add one nickel to the deficit.

 

1StrongBlackMan

(31,849 posts)
161. That honest ...
Tue Feb 25, 2014, 08:33 AM
Feb 2014

if not myopic.

You would say "No" to changes that strengthen and extend the purpose of SS, just to say "No."

 

grahamhgreen

(15,741 posts)
164. Yes. They need to be taxed more, not benefitted less.
Tue Feb 25, 2014, 04:36 PM
Feb 2014

By increasing their taxes, the money goes into the general fund where it is needed.

The top tax rate in the 50's was 91%, now most of the wealthy pay a fraction of the 20% rate they get with capital gains tax (Romney paid 13%). Large corporations pay pay as little as ZERO to minus 1.5 percent for subsidies!!!

Raising the cap of SS so that those making over $113,000/year continue to pay into it makes SS solvent 'forever', regardless of if we are paying the wealthiest their earned benefits.

Once they go in and cut, for any reason, they will use this lever to cut more and more, until it affects those who need it the most. This is the pattern and practice of behavior from those I've seen advocating for cuts.

Increasing the taxes on the wealthy will solve all of our fiscal issues. They are paying far to little. They can afford to pay.

MisterP

(23,730 posts)
157. same with its approach to warfare
Tue Feb 25, 2014, 02:27 AM
Feb 2014

pull out ground troops and replace them with trans-Salafist cats'-paws

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