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

[BlueCaliDem]

354. CATO and Heritage LOVE destroying Social Security, so they're hap-happ-happy to keep the status quo

because if they do nothing, it will implode in on itself. Don't kid yourself.

In the meantime, they work hard and lobby even harder to ensure there'll be no lifting of the income cap, no raising taxes on the uber-rich, no closing tax loopholes, no more Federal money for jobs, but helping with manipulating unemployment through their Republican lackeys and fellow Big Businesses pals, all the while using their extensive corporate media outlets to propagate, "It's Obama's fault because he doesn't care about jobs! He doesn't care about dealing with Congress to move this country "forward" {into 1914, but that's what they see as "progress}, "He has NO plan, no vision, no NOTHING!". Psy-ops at it's most cynical.

Now the president has put a comprehensive budget proposal forward taking that excuse away. It includes more revenues (abolishing the subsidies to Big Oil - which is a BIG improvement), eliminating tax loopholes, offering entitlement "cuts" (in the form of savings in Medicare) and a offering the chained CPI as minor adjustment as a COLA formula {which amounts to about $3.00 a month per recipient, btw, and what will strengthen the program, not bankrupt it}.

It's safe to assume that gloomy and "conservative" scenario in the Trustee's report is, indeed, gloomy. As I've explained in my previous post, in 2005 this same agency projected that there would be a 22% cut in basic benefits for social security recipients in 2041. They've moved it up since. I shudder to think how many years more will they move up in five/six years from now.

Bottom-line: something needs to be done for Social Security. The fact that we haven't seen a cost of living adjustment for four years is the writing on the wall. The status-quo is going to kill it. And the people who want to kill Social Security, yes, are called Republicans.

Is the chained CPI perfect? Hell no. Raising the income cap to draw in more revenue is the best solution, but in the eyes of the fucking GOP, it's tantamount to raising taxes. Good luck getting that through the Republican House.