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Thread: Official: Obama Proposes Cuts to Social Security

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by MMC View Post
    Who runs around calling the Democrats some Cult? Myself, I Never heard the media mention this.
    You understand the connotations of "drinking the kool aid," right?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Official: Obama Proposes Cuts to Social Security

    What is it with America and your fixation with calling a slowing of increases a "cut"? Nothing I've seen here looks like a cut to social security to me, but I may have missed something.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by Deuce View Post
    You understand the connotations of "drinking the kool aid," right?
    Indeed I do.....which is why I don't see it applying to the Democrats as not all Demos follow Obama Blindly.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by tererun View Post
    So let me get this straight. Republicans demand cuts to social security over and over again, and when Obama tries to get something done on a budget by giving into their demands for a compromise on raising taxes for more revenue the republicans blame him and try to paint him as the person who wants to destroy social security and not them? Oh wait, that is what they always do. It is called compromise, and it should be how things work. Oh, and also paying your oversized debt is painful all around. it should just be taken on more by the rich.
    You figured it out. Wait till you see the ads. Obama wanted to cut your SS...vote for us.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by iguanaman View Post
    You figured it out. Wait till you see the ads. Obama wanted to cut your SS...vote for us.
    Well it wasn't just the Social Security.....Obama is also including 400 Billion in Medicare. Half of that 800 Billion he stole thru Obamacare. So in one shot he is willing to give back half of that 800 Billion. On top of the Chained CPI with Social Security.

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    Re: Official: Obama Proposes Cuts to Social Security

    The President spoke of his intention before that he was willing to compromise to address the long term needs of SS by changing the way COLA is computed and increasing the retirement age to 70 over the next ten years in exchange for raising the FICA cap for wealthy contributors. This is basically the same long term fix proposed by the "Bowles-Simpson" plan and fixes SS for the long term.


    Now we will get to see whether the GOP is willing to compromise along with the President to fix SS for the long term, or whether it is more important to them to keep taxes low for the rich.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by Catawba View Post
    The President spoke of his intention before that he was willing to compromise to address the long term needs of SS by changing the way COLA is computed, increasing the retirement age to 70 over the next ten years in exchange for raising the FICA cap for wealthy contributors. This is basically the same long term fix proposed by the "Bowles-Simpson" plan and fixes SS for the long term.


    Now we will get to see whether the GOP is willing to compromise along with the President to fix SS for the long term, or whether it is more important to them to keep taxes low for the rich.
    Not even close to being the Same.....As Politico already pointed out. Nor was Obama ever ready to give back half of what he stole out of Medicare.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by MMC View Post
    Not even close to being the Same.....As Politico already pointed out. Nor was Obama ever ready to give back half of what he stole out of Medicare.
    Those were the main features of the Simpson-Bowles plan, and the President didn't steal from Medicare, he cut waste and fraud, the kind of thing that conservatives used to be for.

    "The Social Security changes.*Simpson-Bowles makes three main changes to Social Security. It increases the taxable maximum on income to 90 percent of all income, which raises $238 billion over the next decade. It uses a different measure of inflation to slow cost-of-living adjustments. It raises the retirement age to 68 in 2050 and 69 in 2075."

    http://www.washingtonpost.com/blogs/...impson-bowles/
    Last edited by Catawba; 04-06-13 at 05:26 AM.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by Catawba View Post
    Those were the main features of the Simpson-Bowles plan, and the President didn't steal from Medicare, he cut waste and fraud, the kind of thing that conservatives used to be for.
    Really.....looks like you weren't listening to what the libs and Democrats were saying then. Now as to stealing.....he did. He stole 800 Billion out of medicare. At the time and since.....there has been no cuts to waste and fraud. As over this last year was discovered with all the hidden costs coming out.



    It would appear that the waste and fraud thingy was just an exaggeration.....the usual from Obama. Also at no time since the Creation of Obamacare was he willing to give back Half of what he took.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by Catawba View Post
    Those were the main features of the Simpson-Bowles plan, and the President didn't steal from Medicare, he cut waste and fraud, the kind of thing that conservatives used to be for.

    "The Social Security changes.*Simpson-Bowles makes three main changes to Social Security. It increases the taxable maximum on income to 90 percent of all income, which raises $238 billion over the next decade. It uses a different measure of inflation to slow cost-of-living adjustments. It raises the retirement age to 68 in 2050 and 69 in 2075."

    11 shocking, true facts about Simpson-Bowles
    Here is what Politico has to say.



    Chain CPI primer: Obama's buzzword explained

    What it does: Chained CPI would lower the cost-of-living adjustments for senior citizens who receive Social Security, veterans’ benefits, and other payments by switching to a different Consumer Price Index that grows more slowly.

    What it could save: $130 billion. <<<<< Seems your Totals weren't all that accurate!

    How it works: The new measure assumes that people change their buying habits when things become more expensive, so they don’t need their benefits to rise as much every year. If they’re buying groceries, for example, and the price of steak is rising, they could buy chicken or fish instead.

    The pitfalls: Not everything works like buying groceries. Seniors tend to have more health care needs than therest of the population, and if their cancer treatment is getting more expensive, they have to go to their oncologist — they can’t get it from the CVS Minute Clinic.

    But Obama would face a big backlash from Democrats – and from key allies like AARP and veterans’ groups – if chained CPI became part of a final deal. Liberals warn that it would take too big a bite out of Social Security benefits to seniors, who have expenses they can’t cut easily, especially medical care. AARP is sounding the alarms, warning that a 92-year-old senior would lose more than 8 percent of his or her Social Security benefits.

    Obama’s offer to Boehner says it includes “protections for vulnerable,” but doesn’t give details. And Obama is insisting that Republicans would only get this kind of concession if they agree to more tax increases, which is a nonstarter right now.

    And he’s probably not even going to gain anything with Republicans — because as Boehner’s office pointed out Friday, the chained CPI would also raise tax revenues by about $100 billion. That’s because it affects how the tax brackets are calculated. If inflation grows more slowly, the tax brackets each year are raised more slowly – so more people’s incomes will push them into higher tax brackets each year, and they’ll end up paying more taxes.....snip~

    http://dyn.politico.com/printstory.c...D-56DABE07EA76
    Last edited by MMC; 04-06-13 at 06:02 AM.

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