"I live on $710.00 a month, what exactly am I supposed to cut?"

[BlueCaliDem]

324. Everyone prefers raising the cap. As do I. But how many Republicans in Congress will play ball

with drafting legislation that will raise the cap? How about ZERO. That's dead in the water unless we can change the filibuster rule in the Senate and vote a Democratic majority in the House.

We need to face the cold, hard fact that the GOP wants to dismantle and destroy Social Security and Medicare. It's been their sworn duty ever since those two programs were instituted. Doing nothing, keeping this status quo, will guarantee those programs' demise and the LAST thing we need to do is get all greedy and play into their hand, making it easier for them to obstruct and get to their goal by putting the onus on and attacking this president's who is actually trying to SAVE social security and Medicare.

This proposal by the president is a comprehensive proposal that's more than just the chained CPI. But fact of the matter is, doing nothing is no longer an option. Doing nothing will guarantee that there'll be cuts to basic benefits in the not-so-distant future and would start the destruction of Social Security.

And we're running out of time.

In 2005, the board of Trustees at the SSA reported that if nothing changes, we will see a 22% or so cut to basic benefits in social security payouts by the year 2041. Well, now their 2012 report has upped the ante. Now, at this moment, if we do nothing and change nothing, we're looking at a whopping 25% cut in basic benefits by 2033 - that's only twenty years from now. I shudder to think what their next report will show.