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ProSense

(116,464 posts)
16. I don't think that will happen
Mon Nov 19, 2012, 10:44 PM
Nov 2012

Nobody wants that.

A chastened AARP fights Social Security, Medicare, Medicaid cuts
http://www.dailykos.com/story/2012/11/19/1163170/-A-chastened-AARP-fights-Social-Security-Medicare-Medicaid-nbsp-cuts

Pelosi and Reid Have OBAMA's BACK: No Social Security Cuts & Taxes MUST Be RAISED On The RICH
http://www.democraticunderground.com/10021843971

Frankly, President Obama only has to do one of two things: strengthen these programs or leave them alone.

Also, a lot of Democrats have already taken a stand against cuts.

Democratic Senator Introduces Bill To Lift Social Security’s Tax Cap, Extend Solvency For Decades
http://www.democraticunderground.com/10021834952

Do Not Cut Social Security

September 20, 2012

A major bloc of 29 senators took a strong stand today against any cuts to Social Security as part of a deficit reduction deal. "We will oppose including Social Security cuts for future or current beneficiaries in any deficit reduction package," the senators said in a letter circulated by Sen. Bernie Sanders, the founder of the Senate Defending Social Security Caucus. Senate Majority Leader Harry Reid and Sen. Charles Schumer, the Senate's No. 3 leader, signed the letter. So did Sens. Mark Begich, Sheldon Whitehouse and Al Franken, who joined Sanders at a Capitol news conference.

Social Security has not contributed to the deficit or to the national debt, the senators said. The program that benefits more than 50 million retirees, widows, widowers, orphans and disabled Americans has a $2.7 trillion surplus and, according to actuaries, will be able to pay every benefit owed to every eligible recipient for the next 21 years.

"Contrary to some claims, Social Security is not the cause of our nation's deficit problem. Not only does the program operate independently, but it is prohibited from borrowing," the letter said. "Even though Social Security operates in a fiscally responsible manner, some still advocate deep benefit cuts and seem convinced that Social Security hands out lavish welfare checks. But Social Security is not welfare. Seniors earned their benefits by working and paying into the system," the letter added.

Social Security has not contributed to deficits because it has a dedicated funding stream. Workers and employers each pay half of a 12.4 percent payroll tax on the first $110,100 of a worker's wages. The tax rate for employees was reduced to 4.2 percent in 2011 and 2012, but is scheduled to return to 6.2 percent in January.

To read the letter, click here »

http://www.sanders.senate.gov/newsroom/news/?id=066FB085-5798-4E6C-ABA2-85549D84DFA6


Other signatories:

Sens. Jack Reed (D-R.I.), Sherrod Brown (D-Ohio), Ron Wyden (D-Ore.), Patrick Leahy (D-Vt.), Ben Cardin (D-Md.), Debbie Stabenow (D-Mich.), Richard Blumenthal (D-Conn.), Tom Harkin (D-Iowa), Jeff Merkley (D-Ore.), Frank Lautenberg (D-N.J.), Barbara Mikulski (D-Md.), Patty Murray (D-Wash.), Barbara Boxer (D-Calif.), Maria Cantwell (D-Wash.), Daniel Akaka (D-Hawaii), Tim Johnson (D-S.D.), John D. Rockefeller IV (D-W.Va.), Daniel Inouye (D-Hawaii), Tom Udall (D-N.M.), Robert Menendez (D-N.J.), Carl Levin (D-Mich.), Kirsten Gillibrand (D-N.Y.) and Joe Manchin III (D-W.Va.)

This doesn't include Elizabeth Warren and other new Senators.

Democratic Senator Introduces Bill To Lift Social Security’s Tax Cap, Extend Solvency For Decades
http://www.democraticunderground.com/10021834952

Recommendations

0 members have recommended this reply (displayed in chronological order):

You know ismnotwasm Nov 2012 #1
You mean you won't think he's a "lying republican" anymore?...nt SidDithers Nov 2012 #2
By his quotes, it appears that Sid thinks you said that Pres Obama was a "lying republican". rhett o rick Nov 2012 #3
I can provide the link if you want, or you can check UL's transparency page...nt SidDithers Nov 2012 #4
boom dionysus Nov 2012 #5
Oops! n/t 1StrongBlackMan Nov 2012 #6
Just looked in on the transparency page. RomneyLies Nov 2012 #7
Wow is right. Excuse me for doubting you Sid. Why didnt he get PPRD? nm rhett o rick Nov 2012 #8
Dunno...nt SidDithers Nov 2012 #11
Post removed Post removed Nov 2012 #15
you are not an American! UnrepentantLiberal Nov 2012 #17
Is brad a xenophobe too or just Carrie? Son of Gob Nov 2012 #20
Only a first grade douchenozzle sharp_stick Nov 2012 #22
You know what Sid's political opinions are? I have to admit I have no sabrina 1 Nov 2012 #26
what bullshit. talk to Skinner then and have him delete all non American accounts. Whisp Nov 2012 #29
No way. You dont know? I thought you ran the shaddow DU. nm rhett o rick Nov 2012 #18
I have nothing to hide. UnrepentantLiberal Nov 2012 #9
Don't waste your time, Sid's not an American citizen. A Simple Game Nov 2012 #10
Xenophobia isn't just a Teabagger trait Son of Gob Nov 2012 #21
Xenophobia doesn't have anything to do with it. A Simple Game Nov 2012 #23
You're xenophobic and you don't even realize it. Son of Gob Nov 2012 #25
Did you learn a new word? Good for you, you must be proud of yourself. A Simple Game Nov 2012 #27
This is a message board. People from other countries are welcome. Son of Gob Nov 2012 #28
ROFL... SidDithers Nov 2012 #30
So how do you support Democrats on or off this board? A Simple Game Nov 2012 #31
... SidDithers Nov 2012 #32
I think he will raise Medicare retirement age and raise deductibles starting in 2017. joshcryer Nov 2012 #12
Why would a Democrat do what Ronakd Reagan would do? UnrepentantLiberal Nov 2012 #13
That's the state of things. joshcryer Nov 2012 #14
I don't think that will happen ProSense Nov 2012 #16
See now this worries me.. SomethingFishy Nov 2012 #24
I have to admit customerserviceguy Nov 2012 #19
Latest Discussions»General Discussion»I hope to have egg on my ...»Reply #16