Social Security cuts gain support in Super Committee
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Social Security cuts gain support in Super Committee

Washington : DC : USA | Nov 02, 2011 at 2:31 PM PDT
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November 2, 2011 - Cuts to Social Security have traditionally been considered political suicide for any lawmaker who dares to consider them. But the GOP has been pounding the airwaves with rhetoric that is swaying some democrats on the Super Committee, which has a Thanksgiving deadline to come up with a bi-partisan agreement to trim the federal deficit.

Super Committee co-chair, Senator Patty Murray, a democrat from Washington state, is considering republican demands for cuts to Social Security.

The cuts to Social Security would come in the form of calculating benefits according to a chained CPI index. The new formula would "lead to lower benefit levels year after year," according to Open Congress.

If the Super Committee fails to come up with an agreement by the November 23rd deadline, automatic cuts will kick in, which preserves Social Security with its current benefit calculations.

Polls have consistently showed that Americans are overwhelmingly against cuts to Social Security, Medicare and Medicaid.

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Three women hold signs supporting social security and medicare at a rally in Washington, DC, in 2010
Three women hold signs supporting social security and medicare at a rally in Washington, DC, in 2010

itobin53 is based in Tampa, Florida, United States of America, and is an Anchor for Allvoices.
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Posted By DavaCastillo Dava Castillo | 7 months ago
Thanks for the report Itobin.

Concessions on Social Security should be off the table, and if the Democrats do this just to please the republicans maybe we progressives should form a new party--One that represents us!
Posted By VeronicaRoberts Veronica Roberts | 7 months ago
Thanks for the update Maryann----The GOP and some flip-flopping Democrats are looking to cut everything, including little old ladies heat, like Bernie Sanders said---instead of the rich tax breaks! It is obscene, even immoral in my book.
Posted By itobin53 itobin53 | 7 months ago
whats really scary about all this is the fact that they are even talking about it - especially with such a slow economy. 60 million people use those checks to buy services and merchandise all over the country. That is no small number.

It is unimaginable to think of what would happen if all those people suddenly found themselves with less income, or no income at all, and no healthcare.

the corporate takeover of the govt. is stretching far beyond the right wing. It is changing America with potentially deadly consequences for so many people. I hope the democrats grow a 'pair' and let the automatic cuts kick in. It's a better deal for the country.
Posted By Punditty Punditty | 7 months ago
I certainly have some Libertarian ideas about some things, but cutting Social Security is not one of them. Social Security is one of the greatest "safety net" programs in the history of humanity.

Here's a better idea - discuss lifting the cap on the FICA tax from $106,000 to something like $25 million or so, and make sure that those tax revenues are dedicated to the Social Security fund.

I know the American people would go for this idea -- at least somewhere around 99 percent of us, anyway :-)
Posted By catspirit catspirit | 7 months ago
Excellent article. I am with Pundity, my bread is buttered on the conservative side - but you can't cut social security.
Posted By itobin53 itobin53 | 7 months ago
people pay into SS with payroll deductions that congress 'borrows' to pay other bills with. Have any of these morons thought about how they're going to keep stealing taxpayers' money if the GOP gets its way and eliminates SS?

They claim that there is not enough revenue for entitlements, but that is only because the middle class is unemployed and fast becoming the poor, and the millionaires are too busy lobbying to get more money out of the govt.

i hate to state the obvious, but a lot of those corporation are rich because of govt contracts - especially military. Where would Boeing be without the US govt? how many billions has Halliburton taken? BP got more than 9 billion last year from the US govt. Then there's the healthcare industry that takes payments from Medicare and Medicaid. Anyone care to guess how many billions that amounts to each year?

What the GOP is proposing is absurd and will send the US into a depression so deep it will never recover. Every aspect of the economy depends on the govt in some form or another. Either through related industries, spending by govt employees, or private industry contracts.

at some point there will not be enough working class taxpayers left to fund anything ... then the global economy comes tumbling down because we are all connected like dominoes and the US is a major player.
Posted By SchuylerThorpe SchuylerThorpe | 7 months ago
Never has stopped the GOP from doing what they want. And you know when they get what they want, it doesn't bode well for the rest of us.
Posted By northsunm32 northsunm32 | 7 months ago
Cutting national security spending would make a lot more sense and be much less regressive than cutting social security.
Posted By Sherrill_Fulghum Sherrill Fulghum | 7 months ago
FDR set up Social Security in a separate account that was NEVER to be touched for anything but Social Security. Congress has routinely dipped their hands into the cookie jar for whatever "project" they saw fit without ever thinking about returning the money.

Social Security is NOT an entitlement like Social Services and Medicaid. The people who receive Social Security ARE entitled to the money because THEY PAID FOR IT!

Members of Congress make at least $174,000 each year, leaders and such earn more, that breaks down to $14,500 each month which is MORE than the average Social Security recipient gets each YEAR - average Social Security is between 12 and 13 thousand dollars per year. I suggest before any member of Congress even dreams of touching Social Security that they try and live on it first. They wouldn't get past the first day.
Posted By safdarjaved safdarjaved | 7 months ago
Thanks for nice sharing rated up
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