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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 Catawba View Post
    You don't know much about negotiations and compromise do you? We are at the very beginning of the negotiation process on SS.
    Guess you didn't hear about those on the Left already complaining. Which really doesn't give you much on any incite, and clearly when Boehner already pointed out what the Repubs said with the issue and Obama's idea even tho it would raise even more revenues for him.....on Friday. It's called DOA.....kinda Like Obama Gun Control issue and Feinstein's.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by Catawba View Post
    That is what he is negotiating for, just as he stated in his acceptance speech after winning reelection. But you realize the Simpson Bowles plan for SS also includes a hefty increase in the cap for wealthy contributors.
    I have no problem with that. That would be step two after raising the eligibility age to match today's demographics or living longer. When SS was set up, 65 was the average age a person died, if we went by that criteria, one wouldn't be able to draw SS until he reached the mid 70's.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by MMC View Post
    Guess you didn't hear about those on the Left already complaining. Which really doesn't give you much on any incite, and clearly when Boehner already pointed out what the Repubs said with the issue and Obama's idea even tho it would raise even more revenues for him.....on Friday. It's called DOA.....kinda Like Obama Gun Control issue and Feinstein's.


    That's the way compromise works, neither side gets everything they want in order to reach a way forward that works best for everyone. If this Congress doesn't do it, we will eventually vote in one that will.
    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 Perotista View Post
    I have no problem with that. That would be step two after raising the eligibility age to match today's demographics or living longer. When SS was set up, 65 was the average age a person died, if we went by that criteria, one wouldn't be able to draw SS until he reached the mid 70's.
    It will all be part of the compromise, including the raise in CAP on contributions.
    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

    Somewhere in hell Ronald Reagan is laughing his ass off.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by Catawba View Post
    It will all be part of the compromise, including the raise in CAP on contributions.
    Obama's Catch 22: Budget Blueprint Won't Please Many, if Any.....



    When news began to emerge from of the White House Friday that President Obama's budget next week will propose cuts to Medicare and Social Security, the wave of reaction was not complimentary.

    "We cannot force seniors to pay even more to fill the hole left by unnecessary and irresponsible cuts to Social Security," Rep. Jerrold Nadler, D-N.Y., said in a statement Friday afternoon.

    "Cutting benefits now, when people are already struggling to make ends meet, will mean unnecessary hardship for millions of people," Reps. Keith Ellison and Raul Grijalva, the co-chairs of the Congressional Progressive Caucus, wrote in a joint statement. "It is unpopular, unwise and unworkable."

    In the past, House Minority Leader Nancy Pelosi, D-Calif., has said she's "agnostic" to a potential chained CPI proposal as long as it protects the most vulnerable.

    But today, the president's defenders were silent as the president was dinged by enraged progressives for a perceived flip-flop on his campaign promise not to cut entitlements.

    "President Obama, when it comes to cutting Social Security, Medicaid or Medicare benefits, over 200,000 progressive members of your own party don't 'have your back,'" Jim Dean, chairman of Democracy for America, said Friday. "We are prepared to fight you every step of the way."

    Across the aisle, Republicans dislike the president's budget proposal for an entirely different reason: the president's call for additional tax increases on the country's wealthiest earners just months after tax rates were tackled during the fiscal cliff negotiations.

    One senior Republican on Capitol Hill said the president's budget proposal "does little or nothing to bring both parties closer to a fiscal agreement" because, in the eyes of Republicans, it's essentially the same offer that was rejected by House Speaker John Boehner during negotiations with the president last December.

    Leaked details about the president's latest desire for $600 billion in new tax revenue prompted a scathing paper response from Boehner, R-Ohio, who is agitated that President Obama wants additional revenue in exchange for what Republicans describe as "modest" entitlement savings.

    The president's previous budgets have fallen flat in Congress. Given the initial reaction, this version is likely to suffer a quick death, as well, if it is ever brought to the floor for a vote.....snip~

    Obama's Catch 22: Budget Blueprint Won't Please Many, if Any

    Uh huh.....compromise you say.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by MMC View Post
    Obama's Catch 22: Budget Blueprint Won't Please Many, if Any.....



    When news began to emerge from of the White House Friday that President Obama's budget next week will propose cuts to Medicare and Social Security, the wave of reaction was not complimentary.

    "We cannot force seniors to pay even more to fill the hole left by unnecessary and irresponsible cuts to Social Security," Rep. Jerrold Nadler, D-N.Y., said in a statement Friday afternoon.

    "Cutting benefits now, when people are already struggling to make ends meet, will mean unnecessary hardship for millions of people," Reps. Keith Ellison and Raul Grijalva, the co-chairs of the Congressional Progressive Caucus, wrote in a joint statement. "It is unpopular, unwise and unworkable."

    In the past, House Minority Leader Nancy Pelosi, D-Calif., has said she's "agnostic" to a potential chained CPI proposal as long as it protects the most vulnerable.

    But today, the president's defenders were silent as the president was dinged by enraged progressives for a perceived flip-flop on his campaign promise not to cut entitlements.

    "President Obama, when it comes to cutting Social Security, Medicaid or Medicare benefits, over 200,000 progressive members of your own party don't 'have your back,'" Jim Dean, chairman of Democracy for America, said Friday. "We are prepared to fight you every step of the way."

    Across the aisle, Republicans dislike the president's budget proposal for an entirely different reason: the president's call for additional tax increases on the country's wealthiest earners just months after tax rates were tackled during the fiscal cliff negotiations.

    One senior Republican on Capitol Hill said the president's budget proposal "does little or nothing to bring both parties closer to a fiscal agreement" because, in the eyes of Republicans, it's essentially the same offer that was rejected by House Speaker John Boehner during negotiations with the president last December.

    Leaked details about the president's latest desire for $600 billion in new tax revenue prompted a scathing paper response from Boehner, R-Ohio, who is agitated that President Obama wants additional revenue in exchange for what Republicans describe as "modest" entitlement savings.

    The president's previous budgets have fallen flat in Congress. Given the initial reaction, this version is likely to suffer a quick death, as well, if it is ever brought to the floor for a vote.....snip~

    Obama's Catch 22: Budget Blueprint Won't Please Many, if Any

    Uh huh.....compromise you say.


    You will find even more Republicans (almost all of them) that don't like the idea of raising the FICA cap as part of the compromise, for which negotiations have not even begun. Like I said, if this congress can not do what needs to be done, we will just have to vote in a congress that will. Its not like there is any rush. SS has enough surplus to keep it solvent for the next 26 years, if naysayers cannot compromise.
    Last edited by Catawba; 04-06-13 at 11:08 PM.
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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by Catawba View Post
    You will find even more Republicans (almost all of them) that don't like the idea of raising the FICA cap as part of the compromise, for which negotiations have not even begun. Like I said, if this congress can not do what needs to be done, we will just have to vote in a congress that will. Its not like there is any rush. SS has enough surplus to keep it solvent for the next 26 years, if naysayers cannot compromise.
    Well its good to know the Progressives have spoken out against Obama.....and told him what they don't like. As for the Election.....such is taking place already. That's why there are 30 Republican states and with a certainty to gain at least two more. Then there is the fact that we will keep the House. Which leads to those 20 Democratic Senate seats that are up. Which its not looking so good for the Democrats there. Especially with the Senate and Reid's alleged leadership. If that's what you could call it.

    Course first the Democrats themselves have to Pass an Obama Budget. Which they have failed to do with just themselves. Let alone looking to blame it on Republicans. But one thing is for sure. We wont have any problem with you voting out those Democrats that don't think like you.

    Seems the AFL CIO isn't going to side with Obama on his budget either and came out slamming him too.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by tererun View Post
    I call it the paul ryan plan. Yeah, before you go making comments, at least this plan is supposed to compromise. It is not putting forth a get everything you ever wanted republican dream plan in some attempt to look like you actually did work. Oh, and the republicans have been caving a lot recently including caving the last time on tax increases. hey, maybe they will cave so that bucky the CPAC brat can get his white house visit that he was crying over a while back?
    how could this be a compromise when it has no chance of passing?

    they are not touching SS and they certainly aren't getting higher taxes from the republicans.

    yep it's dead.

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    Re: Official: Obama Proposes Cuts to Social Security

    Quote Originally Posted by MMC View Post
    WASHINGTON (AP) President Barack Obama's proposed budget will call for reductions in the growth of Social Security and other benefit programs by including a proposal to lower cost-of-living adjustments to government social safety net spending, a senior administration official says.
    The proposal attempts to strike a compromise with congressional Republicans on the Fiscal 2014 budget by combining the president's demand for higher taxes with GOP insistence on reductions in entitlement programs.




    The official, who spoke on a condition of anonymity to describe a budget that has yet to be released, said Obama would reduce the federal government deficit by $1.8 trillion over 10 years.

    A key feature of the plan Obama is proposing for the federal budget year beginning Oct. 1 is a revised inflation adjustment called "chained CPI." This new formula would effectively curb annual annual increases in a broad swath of government programs, but would have its biggest impact on Social Security.

    Obama's budget, to be released next week, comes after the Republican-controlled House and the Democratic-run Senate passed separate and markedly different budget proposals. House Republicans achieved long-term deficit reductions by targeting safety net programs; Democrats instead protected those programs and called for $1 trillion in tax increases.

    The reductions in growth of benefit programs, which would affect veterans, the poor and the older Americans, is sure to anger many Democrats. Labor groups and liberals have long been critical of Obama's offer to Boehner for including such a plan.....snip~

    Official: Obama proposes cuts to Social Security

    Looks Like Obama just got a bunch of Democrats highly upset with him. Here the Demos were running around talking about how Republicans wanted to go after Social Security. Which Ryan talked about but not in a way to tear down the Entitlement. Repubs were looking for the age to be pushed back due to people living longer and the advances in healthcare. Now who does this affect more? The Middle Class and Poor or the Rich? Who was talking about fairness? Thoughts?
    It's not how I would have chosen to do it, but I'm glad to see that the politicians are finally starting to talk seriously about cutting social security spending.

    Everyone else in the country is going to have to tighten their belts a little bit and give up some government services if we're going to pay off the debt, senior citizens shouldn't be immune.
    If you build a man a fire, he'll be warm for a day.

    If you set a man on fire, he'll be warm for the rest of his life.

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