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Showing Original Post only (View all)Oh Crap!!! "Social Security Cuts Still ‘on the Table’ but Not in Obama’s Budget"!!! [View all]
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 presidents 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 presidents proposal remains on the table, but only as part of a larger package that would shrink tax breaks for the wealthy and corporations.
Its 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/
......
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 presidents proposal remains on the table, but only as part of a larger package that would shrink tax breaks for the wealthy and corporations.
Its 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!
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Oh Crap!!! "Social Security Cuts Still ‘on the Table’ but Not in Obama’s Budget"!!! [View all]
grahamhgreen
Feb 2014
OP
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
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
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
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
This is not what it takes. It's the opposite of what it takes. Conflating Social security with taxes
grahamhgreen
Feb 2014
#17
You need to quit reading by pointing at each word. Try reading in chunks. Things will make sense.
Hoyt
Feb 2014
#84
Well 117 House Democrats and 15 Senate Democrats disagree with you and Obama
neverforget
Feb 2014
#103
What's with this buying of Republican talking points regarding Social Security?
neverforget
Feb 2014
#104
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
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
Excuse you, no way. That's right, way system works today, current worker's FICA taxes are paying
Hoyt
Feb 2014
#82
The article relies on bullshit assumptions, projecting the shortfall to FOREVER
eridani
Feb 2014
#109
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
Do you even have an idea of what is paid out of the fund each year? That trillion
Hoyt
Feb 2014
#120
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
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
"I'll give up a little of my SS to get taxes increased, if that is what it takes."
putitinD
Feb 2014
#27
And Obama's proposal would not affect you. In fact, Catford Commission would have given you an
Hoyt
Feb 2014
#53
We're only asking that he unequivocally take SS cuts off the table, now and forever.
grahamhgreen
Feb 2014
#145
Your exercise in futility is misspent ... because the government has little or nothing to do ...
MindMover
Feb 2014
#131
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
I'm right there with you. "Democrat" = "100% S.S. Supporter." The New Deal is our raison d'etre.
WinkyDink
Feb 2014
#66
"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
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
OMG!!! "Principle of fairness"?!?! To take a PITTANCE from a billionaire and a LIFE-ALTERING
WinkyDink
Feb 2014
#61
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
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